New Jersey’s taxpayers may be on the hook for hundreds of millions of dollars following a major offshore wind developer’s decision to cancel two projects off the blue state’s coast, Politico reported Thursday.
Orsted announced Tuesday night that it would be cancelling its Ocean Wind 1 and 2 projects, and the company now owes New Jersey $300 million because of the cancellations, according to Politico.
Democratic New Jersey Gov. Phil Murphy and numerous state Democrats are trying to save face by insisting that the company will pay the balance in full, but language in agreements between the company and the state could allow Orsted to sidestep at least some of its debt to New Jersey.
That comes to 16,666,666 California Big Macs.
3,000,000 after administrative fees.
Chris Cristy lol
One year’s supply of Big Macs for fat ass chris cristy