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0 0.000426075841499702 -0.00170430336599926 0.000426075841499702 -0.00319556881124852 -0.00660417554324675 -0.00639113762249689 -0.00639113762249689
Stock impact report

Trump order to halt NY wind project stuns offshore industry, threatens other projects [Yahoo! Finance Canada]

Equinor ASA (EQNR) 
Last equinor asa earnings: 2/6 12:43 am Check Earnings Report
U.S. President Donald Trump had campaigned on a promise to end the offshore wind industry, arguing it is too expensive and hurts whales and birds. He issued an executive order suspending new leasing for such projects in federal waters on his first day in office. But in a move that extended well beyond withholding new lease auctions or slow-rolling new permit requests, Trump's Interior Secretary Doug Burgum on Wednesday ordered the Equinor project to cease construction work, suggesting the project's underlying environmental analysis was faulty. "Stopping work on the fully federally permitted Empire Wind 1 offshore project should send chills across all industries investing in and holding contracts with the United States Government," said Liz Burdock, the CEO of industry group Oceantic Network, after Burgum's order. "Preventing a permitted and financed energy project from moving forward sends a loud and clear message to all businesses - beyond those in the offshore wind industry - Show less Read more
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