Presidential Document
29 Jan 2025
business compliance, offshore wind, renewable energy, environmental policy, leasing regulations
🌬️Temporary Withdrawal of Offshore Wind Leasing Due to Regulatory Review
The memoranda outlines a temporary withdrawal of all areas on the Outer Continental Shelf from offshore wind leasing for energy production, citing the need for a thorough review of federal leasing practices amid environmental concerns. It impacts both new and existing leases while ensuring ongoing compliance with existing rights and laws. Various federal agencies are tasked with assessing environmental impacts and economic costs related to wind energy projects.
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