Rep. Smith: International Audit Firm Exposes Skyrocketing Costs of Offshore Wind Projects as Governor Murphy 'runs Headlong Into Economic Buzz Saw'
June 27, 2024
June 27, 2024
WASHINGTON, June 27 -- Rep. Chris Smith, R-New Jersey, issued the following news release:
A recent audit issued by PricewaterhouseCoopers (PwC) exposing the skyrocketing exorbitant costs of offshore wind development in Denmark--a major hub for projects--should be "a major wake-up call for Governor Murphy that even his massive government subsidies and ratepayer hikes won't be enough to foot the ever-growing bill for his reckless pursuit of offshore wind," said Rep. Chris Sm . . .
A recent audit issued by PricewaterhouseCoopers (PwC) exposing the skyrocketing exorbitant costs of offshore wind development in Denmark--a major hub for projects--should be "a major wake-up call for Governor Murphy that even his massive government subsidies and ratepayer hikes won't be enough to foot the ever-growing bill for his reckless pursuit of offshore wind," said Rep. Chris Sm . . .