Financial Ports

$120m Wind Lease Scrapped: California Sues Over Offshore U-Turn

CLAVE 1 / 4California has filed a lawsuit challenging the $120 million termination of the Golden State Wind offshore lease.

CLAVE 2 / 4The Morro Bay project was expected to generate 2 GW of floating offshore wind power.

CLAVE 3 / 4State investments exceed $100 million in ports and transmission systems to support offshore wind.

CLAVE 4 / 4The Trump administration’s deal redirects funds to oil and gas assets along the Gulf Coast.

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