To support offshore wind projects gearing up in their states and elsewhere along the U.S. East Coast, Senate Democrats Edward Markey and Elizabeth Warren of Massachusetts, and Cory Booker and Robert Menendez of New Jersey unveiled a bill Aug. 11 that sets new tax and other incentives for land-based manufacturing projects deemed “qualified” to produce offshore wind components and installation vessels.
The sponsors seek to include the bill in the $3.5-trillion budget reconciliation package now being considered by Congress.