California Energy Commission subpoenas Golden State Wind over lease abandonment deal
Updated
Updated · The Associated Press · May 4
California Energy Commission subpoenas Golden State Wind over lease abandonment deal
8 articles · Updated · The Associated Press · May 4
The agency seeks records on Golden State's agreement with the Interior Department to take a payout to drop its proposed floating project off California's central coast.
California says the Trump administration is spending nearly $2 billion on three offshore wind lease buyouts, including almost $900 million for Golden State Wind and Bluepoint Wind if they invest in fossil fuels.
The state, which has invested about $100 million in offshore wind, signalled possible litigation, while congressional Democrats are also examining related lease-cancellation agreements.
Could California challenge the federal buyout deals in court to protect its offshore wind investments and climate targets?
How might redirecting $2 billion from offshore wind to fossil fuels affect US energy independence and long-term costs?
What legal or economic risks do these federal lease buyouts pose for other states with ambitious renewable energy goals?