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Taxpayers Face $191 Million Bill from Vineyard Wind Project

5/29/2025

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Summary

Story summary

Taxpayers may be on the hook for a staggering $191 million in removal costs tied to the Vineyard Wind project near Nantucket. Emails from the Biden administration's Bureau of Ocean Energy Management expose waivers that exempted Vineyard Wind and similar projects from providing financial assurances, igniting fears of public liability if these companies fail to manage decommissioning expenses.

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Story summary

Taxpayers may be on the hook for a staggering $191 million in removal costs tied to the Vineyard Wind project near Nantucket. Emails from the Biden administration's Bureau of Ocean Energy Management expose waivers that exempted Vineyard Wind and similar projects from providing financial assurances, igniting fears of public liability if these companies fail to manage decommissioning expenses.