President Trump's decision to halt offshore wind projects in the U.S. contradicts the global trend of embracing offshore wind as a clean energy solution. Despite this, the U.S. has three operational offshore wind farms and more in development, with China leading the world in offshore wind capacity. Projects like Vineyard Wind and Coastal Virginia Offshore Wind are crucial for producing clean energy and saving customers money on electricity bills. The financial impact of halting these projects includes a $10 billion loss in jobs and investments, as well as missed energy savings for ratepayers. Offshore wind development has brought $25.5 billion in investments to the U.S. and supports 18,000 jobs in the industry.
https://apnews.com/article/offshore-wind-energy-climate-trump-b8be5561c56d8932ef97fcbec9062fe1