President Joe Biden's climate goals just took a crushing blow thanks to an unexpected response from one of the bluest states in the nation.
According to Fox News, New York's state government rejected a group of offshore wind energy developers in their attempts to renegotiate contracts, given high inflation and overall price rises.
Reportedly, the group of wind energy development firms had requested billions in increases in taxpayer funding "for four proposed offshore wind projects and 86 onshore green energy projects."
The New York State Public Service Commission (NYSPSC), which oversees such issues, promptly shut that request down last week.
New York slams the door on wind farm whininghttps://t.co/XjVGPsEDd6
— HotAir.com (@hotairblog) October 14, 2023
The NYSPSC said in its decision it would "preserve the robust competitive bidding process that provides critically needed renewable energy resources to New York."
Commission Chair Rory Christian released a statement explaining the decision and why the body came to it.
"The requested amendments to the contracts would have provided adjustments outside the competitive procurement process; such relief is fundamentally inconsistent with long-standing Commission policy," Christian said.
He added, "The Commission has repeatedly stated that competition in the procurement process is necessary to protect ratepayers and provides the soundest approach to mobilize the industry to achieve our critical State goals dependably and cost-effectively, and we do so again through today's action."
According to the NYSPC, the request would have increased energy costs for residents of the state, to the tune of up to 10.5% for commercial customers and 6.5% for residential customers.
Continuing a trend among Northeast states, New York said “no” Thursday to requests from offshore wind farm developers to rewrite contracts to allow them to charge more money for supplying power to the state’s grid.
The PSC vote was unanimous, 7-0. https://t.co/7SPSLnKaFd
— Robert Rand (@robertwrand) October 12, 2023
An industry executive, ACE NY Executive Director Anne Reynolds, spoke out after the decision came down.
"The renewable energy industry is deeply disappointed with the Commission’s unfortunate ruling denying relief for renewable energy projects dealing with unprecedented inflation in the wake of the COVID-19 pandemic," she said.
The decision dealt a harsh blow to Biden's climate agenda, as the administration depends on such projects to take the agenda to the next level. Oh well.