“This is a reckless, short-sighted blow to America’s affordable clean energy future. Canceling offshore wind leases while reimbursing a fossil fuel giant with nearly $1 billion in taxpayer dollars is the exact opposite of smart energy policy.
“Offshore wind is critical to powering New York’s electrical grid, and cancelling these projects will do nothing to reduce rising demand nor ease the strain families are feeling from sky-high utility bills. Instead, the results will force New Yorkers to contend with dirtier air and the roller coaster ride of fossil fuel costs. Critically, this action also sends a chilling message to investors and threatens the long-term stability of our energy markets.
“While the federal government retreats, New York must stay the course and continue advancing the clean energy projects our grid and economy depend on.”