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Rep. Smith: Orsted's Decision a 'first Step' in Exposing the Economic Unsustainability and Environmental Dangerousness of Ocean Wind Turbines
November 02, 2023
WASHINGTON, Nov. 2 -- Rep. Chris Smith, R-New Jersey, issued the following news release on Nov. 1, 2023:

Rep. Chris Smith (R-NJ) today welcomed news that Orsted, a Danish company, has announced that it has "ceased development" of two offshore wind turbine projects--Ocean Wind 1 and 2--off the coast of New Jersey.

According to an Orsted press release, Orsted cited "anticipated impairments on its US portfolio of up to DKK 16 billion" or approximately $ . . .

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