FASTER, PLEASE: The slow demise of green energy?

The giant push toward a net zero utopia is not practical and has been a complete disservice to the American consumer. Components of the green movement are experiencing major setbacks, namely offshore wind, electric vehicles (EVs), and investments.

Offshore wind projects are struggling to secure financing and stay on track. The biggest blow came last month, when the world’s largest offshore wind developer Ørsted canceled two major projects off the New Jersey coastline, taking the wind right out of Gov. Phil Murphy’s green energy sails. Ørsted is also suspending work on offshore projects in Maryland and Delaware.

The EV market is also losing steam. Sales are slumping and manufacturers are scaling back on production.

To be fair, nuclear power plants are green and we should be building a lot more of those.