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North America

US state passes law allowing offshore developer to keep tax credits, move project forward

New Jersey lawmakers have approved a bill permitting offshore wind developer Orsted to keep tax credits that were previously slated to be returned to ratepayers

By Undercurrent News | July 4, 2023 16:52 BST
Aerial view of wind turbines at sea, North Holland, Netherlands. Photo: Peter Adams Photography / Shutterstock.
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