EVERYTHING IS GOING SWIMMINGLY: Supply chain crisis now threatens Biden’s green-energy plans.

Supply-chain snarls, rising interest rates and inflationary pressures are making projects far more expensive to build. Now, some developers are looking to renegotiate financing agreements to keep their projects under way.

The Biden administration has set a target for the U.S. to develop 30 gigawatts of offshore wind power by 2030—enough to supply electricity to roughly 10 million homes. Analysts say that target will be difficult, if not impossible, to achieve if cost and supply issues persist.

Plus: “Put Pete Buttigieg on it! If you can find him, that is. He has a habit of disappearing during supply-chain crises.”

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