(Reuters) – The administration of U.S. President Joe Biden said on Monday that it has set a goal to vastly expand the nation’s offshore wind energy capacity in the coming decade by opening new areas to development, speeding environmental permitting, and boosting public financing for projects.
The plan is part of Biden’s broader effort to rapidly transition the U.S. economy to net zero greenhouse gas emissions to fight climate change, a politically controversial agenda that Republicans say could bring economic ruin but which Democrats say can create jobs while protecting the environment.
“President Biden believes we have an enormous opportunity in front of us to not only address the threats of climate change, but use it as a chance to create millions of good-paying, union jobs,”
