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

Ørsted only released the bottom images to the public and suppressed the top image of the same view in a “CONFIDENTIAL” appendix.

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

Miles Bidwell, PhD, and energy expert, explains why offshore wind will not reduce CO2 emissions.

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.

The Environmental Impact Statements fail to scientifically prove any benefits to climate change.

Decommissioning can cost 70% of the construction costs, according to this analysis from Europe. After fifteen years of operation, BOEM will only require Revolution Wind to put aside $325 million, when the likely cost of decommissioning could exceed $7 billion. Who will pay the difference?

The new modernization rule relieves developers, a multi billion dollar foreign energy giants, from the requirement to set aside financial bonds for decommissioning until after fifteen years of operation.