Few people realize that BOEM has released Ørsted, a multi-billion dollar foreign company, from any financial obligation to put aside funds for decommissioning within the first fifteen years of operation. What happens if they fail, become obsolete, or are determined to be harmful before that? Who will pay?

Can we trust the big oil companies just because they now want to build offshore wind?

Despite trying to “green-wash” their reputation, the multi-billion dollar danish energy giant, Ørsted, significantly profits from burning coal in 2022.

Ørsted makes claims about providing for our energy needs, but never states the offshore wind project will help climate change. Ørsted boasts that the wind energy will offset future emissions, but empirical evidence does not support this claim.

While we recognize the urgent need to address climate change, we must critically assess offshore wind farms' environmental and economic impacts, particularly in areas vital to oxygen production like the outer continental shelf. The involvement of major oil and gas companies in these projects, backed by substantial government subsidies, raises concerns about taxpayer costs, environmental degradation, and the long-term financial risks of decommissioning, with the potential for these projects to leave lasting damage to coastal waters ultimately.