Oil giant Shell exits a $1 billion New Jersey offshore wind project amid Trump's restrictions on renewable energy, citing market challenges and uncertainty. Offshore wind opponents celebrate, while ...
In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey.
In the first serious fallout from President Donald Trump's early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey.
That’s enough for one-third of New Jersey households. It's unclear whether Shell's decision kills the project — partner EDF-RE Offshore Development says it remains committed to Atlantic Shores.