Offshore wind: Opportunities in $200B investment or in peril from Trump

(The Center Square) – A new report provides a plan on preparing the North Carolina workforce for jobs in the offshore wind industry and how businesses in the state can benefit.

The North Carolina Task Force for Offshore Wind Economic Resource Strategies, or NC Towers for short, gave its final report to outgoing Gov. Roy Cooper and the General Assembly. NC Towers highlighted proposed legislation that can help the state receive some of the projected $200 billion investment in the offshore wind pipeline.

“North Carolina is uniquely positioned to attract billions of dollars in economic investment and the tens of thousands of family-sustaining jobs from the offshore wind industry,” Cooper said in a statement. “Targeted investments in North Carolina’s ports, supply chain development and workforce training programs will help our state secure our share of the benefits the offshore wind industry is already bringing to East Coast states.”

Among the recommendations in the report is a state appropriation of up to $50 million for improvements to Radio Island at the Port of Morehead City to “facilitate offshore wind economic development opportunities at the site.”

There is a vacant 154-acre site on the island that could be developed as a terminal to support automotive and manufacturing facilities, the report said.

Potential improvement modifications to the pier include a new berthing facility to accommodate larger vessels and new rail spurs for a manufacturing facility and warehouse space.

“North Carolina should grow its tools to encourage new and expanding businesses in the offshore wind industry by identifying and preparing new sites, strengthening critical assets and resources and broadening the supply chain,” the report recommends.

There are 30 offshore wind projects in place or under construction on the East Coast, representing a total investment of more than $200 billion, the state said.

Of all clean energy sectors, consensus opinion is offshore wind is most threatened by President-elect Donald Trump. In fact, he’s vowed to take action on Day 1.

“North Carolina’s central location on the East Coast means we can support the responsible development of offshore wind up and down the entire Eastern Seaboard by supplying parts manufactured in North Carolina, as well as providing maritime support,” the state’s Commerce Secretary, Machelle Baker Sanders, said in a statement. “Targeted investments in North Carolina’s ports, supply chain development and workforce training programs will help our state secure our share of the benefits the offshore wind industry is bringing to East Coast states.”

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Despite recruiting efforts, WA law enforcement numbers still lowest in country

(The Center Square) – During the upcoming legislative session,...

Ohio Medical Board to act more quicky in sexual abuse cases

(The Center Square) – The Ohio Medical Board can...

Maine to study impact of AI on businesses

(The Center Square) — Maine Gov. Janet Mills is...

Report: Louisiana’s fiscal cliff averted with tax reforms

(The Center Square) – Louisiana lawmakers and Gov. Jeff...

Criminal justice, victims rights laws go into effect Jan. 1 in Illinois

(The Center Square) – Around a dozen new laws...

Idaho ranks 1st nationwide for income growth rate

(The Center Square) – New data released by the...

Site of Sapelo Ferry Island dock collapse gets new gangways

(The Center Square) – A new gangway was installed...

Chiropractic board audit raises concern from Arizona lawmaker

(The Center Square) – A special audit of the...

More like this
Related

Despite recruiting efforts, WA law enforcement numbers still lowest in country

(The Center Square) – During the upcoming legislative session,...

Ohio Medical Board to act more quicky in sexual abuse cases

(The Center Square) – The Ohio Medical Board can...

Maine to study impact of AI on businesses

(The Center Square) — Maine Gov. Janet Mills is...

Report: Louisiana’s fiscal cliff averted with tax reforms

(The Center Square) – Louisiana lawmakers and Gov. Jeff...