The Headwinds Facing Offshore Wind Farms
Ramona Turcu
Last week, the Biden administration held the nation’s first ever offshore wind auction in the Gulf of Mexico. It described the sale in a press release as part of its “once-in-a-generation investment in America’s infrastructure and our clean energy future,” with the potential to power around 1.3 million homes with clean energy. A significant sale could have signaled a shift away from fossil fuels for the oil - and gas-intensive Gulf region, but it was far from a runaway success: Only two
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