The Windy State: New Jersey Approves Offshore Wind Legislation

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The New Jersey Legislature recently enacted landmark legislation aimed at supporting the growth of the offshore wind industry in the state and encouraging development of carbon-free energy production. On August 19, 2010, N.J. Gov. Chris Christie signed into law the Offshore Wind Economic Development Act (OWEDA), designed to encourage private companies to develop wind farms in the Atlantic Ocean off the coast of New Jersey. By so doing, Governor Christie created the possibility of realizing a key element of his energy policy announced in April 2010—the use of renewable energy produced by New Jersey workers and facilities—to create a stronger state economy.

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Published In: Elections & Politics Updates, Energy & Utilities Updates, Environmental Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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