California Sanctuary Deal Smooths Path for Offshore Wind Farm [BNN Bloomberg (Canada)]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: BNN Bloomberg
The deal, subject to federal approval, outlines a phased approach for the creation of the Chumash Heritage National Marine Sanctuary off the central coast of California. It represents a significant breakthrough, balancing the preservation of a cultural and ecological zone with the state's clean energy ambitions, according to a joint statement by developers Equinor, Golden State Wind and Invenergy California Offshore, along with the tribal council. Read More: California Climate Goals Hit Roadblock in Marine Sanctuary Fight The National Oceanic and Atmospheric Administration, which oversees marine sanctuaries, is expected to designate a sanctuary in the area by the end of summer. “This clearly demonstrates that tribal communities and industry can come together with dual goals to support climate action and conservation, benefiting California's just energy transition,” said Martin Goff, head of operations of Equinor's Atlas Wind, a floating offshore wind project. The agreement en
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- 7/26/23 - Miss
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