Not Cheaper
Approved offshore wind farm to cost residents 55% more in energy bills.
New Jersey has become the latest victim of the Biden administration's push for net zero.
'Everybody in town is against the windmills. I have not met anyone yet that is for the windmills,' Nancy McGinnis, an Ocean City resident, told Fox 29.
The company behind the project, Atlantic Shores Offshore Wind LLC, is a joint venture between Shell and EDF Renewables. They say the project will generate $1.9 billion in economic benefits for New Jersey, in addition to creating roughly 50,000 jobs.
'Offshore wind is economically not viable without major subsidies in the form of Federal tax credits and guaranteed above market power prices.
'The former is passed on the US taxpayers while the latter is a cost borne by NJ electric rate payers,' the report states.
But coastal New Jersians aren't just worried about energy costs.
Even though Atlantic Shores Wind LLC expects the project to reduce the state's annual greenhouse gas emissions by four million tons, locals are concerned about potential negative environmental impacts.
Residents of Long Beach Island (LBI) have formed the Save LBI coalition, uniting against the Atlantic Shores South project.
They're concerned about the 'destructive impact of placing hundreds of wind turbines in the ocean in close proximity to Long Beach Island and other shore communities,' the Save LBI website
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