New Jersey withdraws support for offshore wind projects as federal leases face review

New Jersey has decided to withdraw financial support for two major offshore wind projects, including the Atlantic Shores South project. This change comes as the Trump administration seeks to revoke federal leases for offshore wind initiatives. Governor Phil Murphy acknowledged the potential of offshore wind energy but noted significant challenges facing the industry. The decision follows an executive order from President Trump that halts offshore wind lease sales and reviews existing permits. While New Jersey steps back, other Northeast states like Massachusetts and Rhode Island continue to advance their offshore wind projects. Maine is also considering revoking existing leases amid growing scrutiny of offshore wind's environmental impact and sustainability.