North America
February 17, 2025
Renewables | Wind Power
Visual Primer Series
Visual Primer: Policy Changes and Economic Challenges Threaten U.S. Offshore Wind Industry Growth
The Trump administration’s pause on leasing and permitting disrupts momentum, raising concerns over project delays, investment risks, and the future of U.S. offshore wind development.
The U.S. offshore wind industry is grappling with a changing landscape amid policy changes and economic challenges. President Donald Trump's recent executive action halting offshore wind leasing and permitting has come as a major setback for the industry. While projects that have already secured federal approvals and financing are expected to move forward, prolonged permitting delays could stall momentum and deter future investment.
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