US says it is committed to offshore wind despite industry troubles

The Biden administration on Wednesday said it is committed to supporting the nascent U.S. offshore wind industry despite challenges that prompted the cancellation this week of two major planned projects off the coast of New Jersey.

"While the industry is facing a variety of challenges, (the U.S. Bureau of Ocean Energy Management) and its federal partners remain committed to supporting the build out of this new industry in a way that will benefit communities, strengthen our nation’s energy security, and address the climate challenge," BOEM Director Liz Klein said in a statement.