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U.S. withdraws $679M from 12 offshore wind projects to boost maritime industry, sparking criticism.
The U.S. has withdrawn $679 million in federal funding from 12 offshore wind projects, including one in Humboldt Bay, California, to redirect resources towards revitalizing the maritime industry. This move was criticized by several states and labor unions. The Department of Interior will now review offshore wind projects on a case-by-case basis, raising concerns about energy reliability in regions like New England.
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