US Energy Chief Defends Trump’s Moves Against Offshore Wind

US Energy Secretary Chris Wright defended the Trump administration’s moves against the offshore wind industry, calling the renewable power source a “government-funded business.”

“Offshore wind is twice as expensive as onshore wind, and we wouldn’t have a big onshore wind industry without a lot of subsidies,” Wright said in a Bloomberg Television interview Wednesday. “I would say the economic outlook for offshore wind in the United States is not promising.”

Wright’s remarks come amidst an unprecedented attack on the nascent industry by the Trump administration, threatening multi-billion dollar projects and hundreds of jobs. So far, stop-work ...