logo
Permit for Offshore Wind Farm Voided After Trump Opposed Project

Permit for Offshore Wind Farm Voided After Trump Opposed Project

Yahoo14-03-2025

(Bloomberg) -- A critical permit for an offshore wind farm planned near the New Jersey Shore has been invalidated by an administrative appeals board, seven weeks after President Donald Trump declared he hoped the project was 'dead and gone.'
Trump DEI Purge Hits Affordable Housing Groups
Electric Construction Equipment Promises a Quiet Revolution
NYC Congestion Pricing Toll Gains Support Among City Residents
Open Philanthropy Launches $120 Million Fund To Support YIMBY Reforms
How Britain's Most Bike-Friendly New Town Got Built
The decision to remand an Environmental Protection Agency air pollution permit for the Atlantic Shores South venture is the boldest strike yet against a wind farm since Trump took office in January and halted permitting the projects. It is also an unusual decision — coming nearly six months after the EPA issued that final air permit to the wind farm, a joint venture of Shell New Energies US LLC and EDF Renewables North America.
The action came at the hands of the US government's Environmental Appeals Board, after a legal challenge mounted by area residents who oppose the project and say they are concerned about possible destructive effects.
In late February, the EPA asked the appeals board for a voluntary remand, sending the permit back to the agency for reconsideration. That remand was granted Friday, over the developer's objections.
The developer, Atlantic Shores Offshore Wind LLC, as the joint venture is known, said it was 'disappointed by the EPA's decision to pull back its fully executed permit as regulatory certainty is critical to deploying major energy projects.'
'Atlantic Shores stands ready to deliver on the promise of American energy dominance and has devoted extensive time and resources to follow a complex, multi-year permitting process, resulting in final project approvals that conform with the law,' it added in a statement.
Environmental Appeals Judge Mary Kay Lynch said the decision was appropriate given Trump's Jan. 20 executive order directing an immediate review of wind leasing and permitting on federal land. Trump's directive also charged the Interior Department with reviewing the 'necessity of terminating or amending any existing wind energy leases' and 'identifying any legal bases for such removal.'
Trump has repeatedly singled out the offshore wind industry for criticism, and his first-day moves against the nascent sector have spooked developers of even existing projects. Ongoing litigation challenging wind farm approvals could present an additional opening for Trump's Interior Department to revisit earlier approvals.
Atlantic Shores was initially set to include as many as 200 wind turbines and would provide as much as 2.8 gigawatts of power. It is planned to be developed about 8.7 miles (124 kilometers) off the New Jersey coast.
How America Got Hooked on H Mart
How Trump's 'No Tax on Tips' Could Backfire for the Working Class
How Natural Gas Became America's Most Important Export
Disney's Parks Chief Sees Fortnite as Key to Its Future
Germany Is Suffering an Identity Crisis 80 Years in the Making
©2025 Bloomberg L.P.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Appeals court won't reconsider ruling that Trump must pay E. Jean Carroll $5M in sex abuse case
Appeals court won't reconsider ruling that Trump must pay E. Jean Carroll $5M in sex abuse case

Hamilton Spectator

time25 minutes ago

  • Hamilton Spectator

Appeals court won't reconsider ruling that Trump must pay E. Jean Carroll $5M in sex abuse case

NEW YORK (AP) — A federal appeals court won't reconsider its ruling upholding a $5 million civil judgment against President Donald Trump in a civil lawsuit alleging he sexually abused a writer in a Manhattan department store in the mid-1990s. In an 8-2 vote Friday, the 2nd U.S. Circuit Court of Appeals rejected Trump's petition for the full appellate court to rehear arguments in his challenge to the jury's finding that he sexually abused advice columnist E. Jean Carroll and defamed her with comments he made in October 2022. Carroll testified at a 2023 trial that Trump turned a friendly encounter in spring 1996 into a violent attack after they playfully entered the store's dressing room. A three-judge panel of the appeals court upheld the verdict in December, rejecting Trump's claims that trial Judge Lewis A. Kaplan's decisions spoiled the trial, including allowing two other Trump sexual abuse accusers to testify. The women said Trump committed similar acts against them in the 1970s and in 2005. Trump denied all three women's allegations. In an opinion Friday, four judges voting to reject rehearing wrote: 'Simply re-litigating a case is not an appropriate use' of the process. 'In those rare instances in which a case warrants our collective consideration, it is almost always because it involves a question of exceptional importance,' or a conflict between precedent and the appellate panel's opinion, Judges Myrna Pérez, Eunice C. Lee, Beth Robinson and Sarah A.L. Merriam wrote. All four were appointed by President Joe Biden, Trump's one-time Democratic rival. The two dissenting judges, Trump appointees, Steven J. Menashi and Michael H. Park, wrote that the trial 'consisted of a series of indefensible evidentiary rulings.' 'The result was a jury verdict based on impermissible character evidence and few reliable facts,' they wrote. 'No one can have any confidence that the jury would have returned the same verdict if the normal rules of evidence had been applied.' Carroll's lawyer, Roberta Kaplan, said in a statement: 'E. Jean Carroll is very pleased with today's decision.' 'Although President Trump continues to try every possible maneuver to challenge the findings of two separate juries, those efforts have failed. He remains liable for sexual assault and defamation,' said Kaplan, who is not related to the judge. Trump skipped the trial after repeatedly denying the attack ever happened. He briefly testified at a follow-up defamation trial last year that resulted in an $83.3 million award. The second trial resulted from comments then-President Trump made in 2019 after Carroll first made the accusations publicly in a memoir. Kaplan presided over both trials and instructed the second jury to accept the first jury's finding that Trump had sexually abused Carroll. Arguments in that appeal are set for June 24. The Associated Press does not identify people who say they have been sexually assaulted unless they come forward publicly, as Carroll has done. ___ Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .

U.S. Steel and Nippon Steel Say Their ‘Partnership' Is Sealed
U.S. Steel and Nippon Steel Say Their ‘Partnership' Is Sealed

New York Times

time27 minutes ago

  • New York Times

U.S. Steel and Nippon Steel Say Their ‘Partnership' Is Sealed

U.S. Steel and Nippon Steel announced on Friday that they had entered into an agreement with the U.S. government to seal the terms of a 'partnership' between the companies, more than a year after the Japanese steel maker first tried to buy its U.S. competitor. Former President Joseph R. Biden Jr., under pressure from the United Steelworkers union, blocked the deal on the basis that it was a threat to national security. President Trump, who also initially opposed the deal, reversed himself and decided to look for a way to revive it. The companies referred to the deal as a partnership, echoing language that Mr. Trump used in describing the transaction he blessed three weeks ago. But U.S. Steel has not indicated to shareholders that it has altered the $14.9 billion sale to Nippon that they approved in April last year. 'We thank President Trump and his administration for their bold leadership and strong support for our historic partnership,' the companies said in a statement. 'This partnership will bring a massive investment that will support our communities and families for generations to come.' The companies said they had entered into agreement with the U.S. government to alleviate any security concerns posed by the deal, known as a national security agreement, which calls for roughly $11 billion in new investments by 2028. The deal will also give the U.S. government a 'golden share' in the company, a rarely used practice through which the government takes a stake in company. In the United States, the government has typically taken a stake only in companies that are ailing or in particular need of government attention, like General Motors during the 2008 financial crisis. This is a developing story. Check back for updates.

Dow Jones Index Today: DJIA Drops on Israel Strikes as Consumer Sentiment Jumps
Dow Jones Index Today: DJIA Drops on Israel Strikes as Consumer Sentiment Jumps

Business Insider

time27 minutes ago

  • Business Insider

Dow Jones Index Today: DJIA Drops on Israel Strikes as Consumer Sentiment Jumps

The Dow Jones (DJIA) is down by over 1% as the market processes the impact of Israel's attack on Iran's nuclear and military facilities. Meanwhile, oil prices are surging as the conflict threatens to disrupt energy supply chains in the Middle East. Confident Investing Starts Here: On Friday, President Trump said that Israel's strikes will actually be a positive for the market. 'I think ultimately, it would be great for the market because Iran will not have a nuclear weapon. It will be great for the market—should be the greatest thing ever for the market. Iran won't have a nuclear weapon that was a great threat to humanity,' said Trump in an interview with the Wall Street Journal. Trump also added that he was aware of the attack before it occurred and that he plans to speak with Israeli Prime Minister Benjamin Netanyahu today. Meanwhile, consumer sentiment has finally reversed a six-month slump based on the University of Michigan's Index of Consumer Sentiment. The index's preliminary June reading came in at 60.5, above the estimate for 53.5 and up from 52.2 in May. Furthermore, UM's year-ahead inflation expectation tallied in at 5.1% compared to 6.6% last month. Long-run inflation expectations are now at 4.1%, down from 4.2%. Which Stocks are Moving the Dow Jones? Let's shift our attention to TipRanks' Dow Jones Heatmap, which illustrates the stocks that have contributed to the index's price action. In a weak finish to the week, every single technology stock within the index is falling, led by Salesforce (CRM) and Nvidia (NVDA). In addition, payment providers Visa (V) and American Express (AXP) are taking a hit after the Wall Street Journal reported that Amazon (AMZN) and Walmart (WMT) are exploring the idea of issuing proprietary stablecoins. Elsewhere, communications services, energy, and healthcare, excluding embattled UnitedHealth Group (UNH), are relatively muted as we head into the weekend. DIA Stock Moves Higher with the Dow Jones The SPDR Dow Jones Industrial Average ETF (DIA) is an exchange-traded fund designed to track the movement of the Dow Jones. In addition, DJIA can't be bought or sold, although DIA can be. Wall Street believes that DIA stock has room to rise. During the past three months, analysts have issued an average DIA price target of $466.70 for the stocks within the index, implying upside of 9.82% from current prices. The 31 stocks in DIA carry 30 buy ratings, 1 hold rating, and zero sell ratings.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store