Presdent- choose Joe Biden [Image: Shutterstock]
To speed up the authorization procedure for overseas wind advancements, the National Ocean Industries Association (NOIA) desires the inbound Biden Administration to assign a renewable resource allowing czar inside the Executive Office of the President.
That proposition is simply among several in 2 overseas power concern propositions launched by NOIA today that information overseas oil, gas, as well as wind plans that President- choose Biden need to go after to boost UNITED STATE overseas power. They likewise as well as recommend feasible regulations for factor to consider by the inbound management.
NOIA claims the expectation for overseas wind is brilliant. A current Wood Mackenzie paper shows that brand-new near-term possible overseas wind leases can wind up producing 37 GW of brand-new power, sustaining 80,000 tasks yearly as well as developing $166 billion in overall financial investment by 2035.
Key overseas wind plans highlighted in the NOIA plan paper “NOIA Offshore Wind Priorities List for Biden Administration” consist of:
- Leasing as well as Permitting of Offshore Renewable Energy
- Appoint Renewable Energy Permitting Czar Inside Executive Office of the President
- Offshore Wind Investment Tax Credit Implementation Regulations
- Reverse or Alter the Recent Withdrawal of Offshore Wind Leasing Acreage
- Improve Coordination on the Pacific Coast Between Industry as well as The Department of Defense
The overseas oil as well as gas paper, “The Importance of Gulf of Mexico Energy Production to the United States,” highlights the essential duty overseas oil as well as gas fulfills, consisting of:
- Economic Benefits of Offshore Oil & & Gas
- Safety as well as Environmental Record
- Offshore Oil & Gas Energy Transition Leadership
“President-elect Biden and the incoming administration should recognize that offshore energy provides a unique solution to some of their top priorities,” claimed NOIA President Erik Milito.“American offshore energy is a foundation of domestic energy, accessible jobs and economic opportunity and billions of dollars of government revenue. Offshore energy production occurs miles from onshore populations, so it avoids adverse environmental justice issues. On top of that, offshore energy revenues provide the funding for vital parks and recreation programs that promote environmental justice solutions for local communities. The ecosystem of oil, natural gas, wind and service and supply companies are not just driving energy and climate innovation, they are providing a way to scale and deploy real-world solutions. There are not many industries that can provide these broad benefits in such a sustainable and responsible manner.”
- Download NOIA Offshore Wind Priorities List for Biden Administration HERE.
- Download The Importance of Gulf of Mexico Energy Production to theUnited States HERE
