financial catastrophes – California Globe

Ringside: Floating Offshore Wind – An Environmental Catastrophe

August 22, 2024 4:00 pmAugust 22, 2024 4:23 pm

Last week we examined California’s plans to install between 2,500 and 10,000 floating offshore wind turbines approximately 20 miles off the coast of San Luis Obispo and Humboldt counties. The estimated cost to install 25 gigawatts of capacity, which equates...

Ringside: Floating Offshore Wind – A Financial Catastrophe

August 15, 2024 2:08 pmAugust 15, 2024 2:08 pm

When it comes to looming financial and environmental catastrophes, nothing can compare to floating offshore wind. It is energy policy at its worst. In an analysis earlier this year (WC #36), using cost estimates published by a European energy consulting firm, I...