Connect with us

Hi, what are you looking for?

Fibonacci Tech News

New York’s first offshore wind hub to be built with union labor

A wind turbine at the South Fork Wind Farm in the Atlantic Ocean off the coast of Long Island, New York, on December 7th, 2023. | Photo by Steve Pfost / Newsday RM via Getty Images

Labor groups inked a first-of-its-kind deal to support local hiring and union jobs with the developer of New York’s first offshore wind port. It’s an agreement for the South Brooklyn Marine Terminal, envisioned as a crucial onshore staging area for some of America’s first commercial-scale offshore wind farms.

The US gets very little electricity from offshore wind today, even though the resource has the potential to meet up to a quarter of the nation’s power needs by 2050. The very first set of offshore wind farms are being built off the east coast, a key part of the Biden administration’s efforts to transition the country to clean energy.

Policymakers say good jobs are another pillar of that transition. And they hope this new agreement…

Continue reading…

You May Also Like

Fibonacci Stock News

In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond...

Fibonacci Investing News

Chris Edwards Many American cities need more low‐​income housing, but governments reduce supply and raise construction costs with regulations, taxes, and bureaucracy. The Wall...

Fibonacci Tech News

Illustration by Alex Castro / The Verge The question of who gets to regulate crypto has some answers, as a judge has ruled the...

Fibonacci Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...