Equinor, the energy company behind the Empire Wind project off Long Island, warns of terminating the wind farm if federal resolution is not reached. They currently incur $50 million losses weekly due to halted construction from the Trump administration. The project is crucial for delivering energy to 500,000 New York City homes and has created 1,500 jobs so far while projecting 4,000 more. Supported by local leaders, the project is over 30% complete, but its suspension has led to lawsuits and financial losses, potentially harming New York's green energy efforts.
"We will have to terminate the program within days if we don't have a resolution with the federal government," said Molly Morris, Equinor's president of Renewables in America. "This situation is unsustainable."
"Norwegian-based Equinor said it's losing a whopping $50 million a week since Trump's Department of the Interior halted construction on the controversial project that is expected to deliver energy to 500,000 homes in New York City."
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