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Offshore wind could generate $4.5bn in federal revenue, says industry study

An economic impact analysis released by trade group American Clean Power reports that seven new offshore wind leases would generate $4.5 billion in federal revenue

By Undercurrent News | Dec. 15, 2021 15:12 GMT
A wind turbine. Credit: Fokke Baarssen / Shutterstock
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The commercial seafood industry might not be a fan of all of the new offshore wind leases being planned for federal waters by 2025, but they could help balance the US' federal budget well into the future, American Clean Power (ACP) maintains in a recently released economic impact report [...]

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