Report Recommends Redirecting Oil And Gas Subsidies To Offshore Wind Development

by NAW Staff on Tuesday 28 September 2010

A new report from the nonprofit organization Oceana indicates that oil and gas exploration should be replaced by offshore wind development on the East Coast, an area targeted for expansion of oil and gas activities.

The report, "Untapped Wealth: Offshore Wind Can Deliver Cleaner, More Affordable Energy and More Jobs Than Offshore Oil," says that offshore wind can generate nearly 30% more electricity than offshore oil and gas resources combined.

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