With President Trump's executive actions, some wind projects off the Massachusetts coast, such as the SouthCoast wind project, could be dead in the water.
Offshore wind is a major part of transitioning to an electric grid powered entirely by sources that don’t emit carbon dioxide when generating electricity. The power sector is responsible for nearly a third of the nation's planet-warming greenhouse gas ...
GE Vernova raked in $10.6 billion in revenue during the last three months of 2024, up 5% from 2023, the company announced Wednesday. Net income, or profit, during the quarter was $484 million, up $279 million from the same three-month period in 2023.
President Donald Trump suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.
Legal experts said the president was testing the boundaries of executive power with aggressive orders designed to stop the country from transitioning to renewable energy.