Wind projects blown away? Tracking offshore wind projects
CNBC Television·2025-06-26 11:15
President Trump's budget bill cuts federal subsidies for new offshore wind projects and that throws the future of the industry into question. Pippa Stevens is in Brooklyn. She's got a look at one project that's getting off the ground and what it means for the surrounding community.Pippa, good morning. Good morning, Becky. I'm here at the South Brooklyn Marine Terminal, which Ecuador is redeveloping in order to service its offshore wind project called Empire Wind One.It's about 15 to 30 miles south of Jones ...