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In my previous column, I discussed legislation proposed by Assemblymen Greenwald and Moriarty that will give the 30% investment tax credit (ITC) for offshore wind that was supposed to benefit New Jerseyans would instead be given to Ørsted and the Danish government, which owns the company, would forc
New Jersey’s nascent offshore wind industry, the pride of the Murphy Administration, is taking on water. Higher costs, environmental damage, and manufacturing short-cuts mean that the promised environmental and economic benefits, which were always a fantasy, mean New Jerseyans will be on the hook f