Republican lawmakers and experts are calling on the Biden administration to put an “immediate moratorium” on offshore wind development until its effects on U.S. military operations, navigation and radar systems are studied, according to a report.
New Jersey lawmakers advanced on Tuesday a bill that would allow federal tax credits, originally meant for energy customers, to go to the Danish “green” corporation Ørsted, the company responsible for the widely hated “Ocean Wind” offshore projects that have inspired widespread protests statewide.
A panel of experts testifying to members of Congress at an in-district hearing in Wildwood, New Jersey, on Thursday warned that offshore wind projects actively promoted and subsidized by state and national Democrats could greatly interfere with radar and navigation in the Atlantic Ocean, creating a national security threat.
Democrat presidential candidate Joe Biden will implement a “new approach to globalization,” his senior economic adviser says.
More than ten years after about 20,000 Delphi Corporation workers had their pensions slashed as a result of the Obama-Biden administration’s auto bailout of General Motors (GM), President Trump is considering restoring the pensions.
California officials now plan to outsource the production of high-tech trains for their hugely expensive fast-rail network, and have quietly dumped their commitment to buy American-made trains.
The tax rates paid overseas by U.S. multinational tech-companies are at least 25 percent lower than they pay domestically, according to a new report from WalletHub.
The UK Independent reports that “at least three dozen Americans with legal entanglements in their personal histories did business” with Mossack Fonseca, according to the second batch of “Panama Papers” files out this week.
HOUSTON, Texas – In spite of low oil prices, there were still 94,700 in attendance at the 2015 Offshore Technology Conference (OTC) at NRG Park in Houston May 4-7. The OTC reports that these attendance numbers still represent the sixth-largest gathering in the conference’s 47-year history.
