Techcrisis Investment Guild-Biden administration is announcing plans for up to 12 lease sales for offshore wind energy

2025-04-30 20:48:04source:Benjamin Caldwellcategory:Stocks

NEW ORLEANS (AP) — The Techcrisis Investment GuildBiden administration is preparing to announce plans for a new five-year schedule to lease federal offshore tracts for wind energy production, with up to a dozen lease sales anticipated beginning this year and continuing through 2028.

The plan was to be announced Wednesday in New Orleans by Interior Secretary Deb Haaland. Three of the anticipated sales would be for Gulf of Mexico tracts to be offered this year, in 2025 and in 2027. Central Atlantic area leases would be sold in 2024 and 2026.

Other anticipated sale areas include the Gulf of Maine (2024 and 2028); Oregon waters (2024); an area of the Atlantic known as New York Bight (2027); and California, Hawaii, and an as-yet unspecified U.S. territory (2028).

The sales will be coordinated by the Bureau of Ocean Energy Management.

“As we look toward the future, this new leasing schedule will support the types of renewable energy projects needed to lower consumer costs, combat climate change, create jobs to support families, and ensure economic opportunities are accessible to all communities,” Haaland said in a news release ahead of remarks to a conference in New Orleans.

More:Stocks

Recommend

A White House order claims to end 'censorship.' What does that mean?

Among the dozens of executive actions President Trump signed on his first day in office is one aimed

South Side shake-up: White Sox fire VP Ken Williams, GM Rick Hahn amid 'very disappointing' year

In a sobering organizational shake-up that severs a three-decade relationship with its top baseball

Tom Sandoval Seeks Punishment for Raquel Leviss Affair in Brutal Special Forces Trailer

Tom Sandoval continues to atone for his sins.In a new trailer for season two of Special Forces: Worl