by Steve Haner
First published this morning by the Thomas Jefferson Institute for Public Policy.
Virginia is one of only two states that hold their major legislative elections this odd-numbered year, with the other being New Jersey. In New Jersey, the state’s offshore wind aspirations have become a major political issue, with even Democrats now starting to question the wisdom of the plan.
The Democrats control new Jersey, so it is noteworthy that both leading Democratic legislators, the Speaker of the House and President of the Senate, signed a joint statement expressing concern about “unanswered questions” as the state’s Board of Public Utilities goes full speed ahead on its wind projects. The turnabout is even more dramatic because the same legislators just weeks ago voted to give the private wind developers of the first project a more profitable deal at ratepayer expense. The company was one of those complaining its project was not financially feasible under the original terms.
New Jersey has become a major hotspot for political opposition to offshore wind, in part because the planned projects are often closer to shore and will be more visible from beach homes and tourist areas than the project off Virginia Beach. There is also more focus in that media market on the unexplained spike in whale deaths, now reportedly up to 60 since December of last year.
The same questions of cost and tourism impact remain unanswered in Virginia, but so far there is no sign many candidates are seeking to enter the legislature with promises to reverse course on our $10 billion project, if that is possible at this point. Dominion Energy Virginia intends to build a second wave of turbines, however, and the next few General Assembly sessions will have every opportunity to change the rules for that tranche. Continue reading →