According to state and Federal authorities involved in the topic, the Biden administration is examining measures to compensate the US commercial fishing industry for any losses incurred due to the projected expansion of offshore wind power in the Atlantic Ocean. Discussions between state and Federal officials are still in the early stages. However, they aim to eliminate the biggest challenge to President Joe Biden’s efforts to expand offshore wind, which is a critical component of his clean energy strategy to combat climate change.
Commercial fishing fleets have been vocal in their opposition to offshore wind projects, claiming that they represent a severe threat to critical populations such as scallops, clams, squid, and lobsters by interfering with navigation and disrupting ecosystems. This opposition has slowed the approval of the country’s first commercial-scale projects and is one of the reasons the United States has trailed behind Europe in offshore wind development.
Although the United Governments has yet to build a giant offshore wind farm, firms working on such projects have spent years negotiating compensation mechanisms with states and fishing fleets. But, unfortunately, the Federal government has not taken a national strategy until now.