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US announces first offshore wind rights sale in Gulf of Mexico

  • Jul 20, 2023
  • 277 views
Source: 
StreetInsider.com

President Joe Biden will discuss during a trip to highlight the administration's efforts to boost renewable energy. In February the United States proposed to expand offshore wind power developments into the Gulf of Mexico, introducing the nascent clean energy industry into a major hub for oil and gas production. The Interior Department said the sale will take place on Aug. 29. "By catalyzing ...

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