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Federal Buyouts Stalling Offshore Wind | Jersey News
The federal government is deploying a bold, billion-dollar strategy to halt offshore wind expansion—buying out leases and pressuring developers to abandon projects in federal waters. With four major deals already finalized and a new $129 million pact with Duke Energy off North Carolina, critics say this is political sabotage, not policy. Seven states have sued, arguing the administration oversteps its authority and undermines clean energy goals. Despite the delays, East Coast states remain steadfast, investing in infrastructure and workforce to power their long-term transition away from…
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