CA Dems Want To Borrow $1 Billion To Rebuild Ports for Offshore Wind as Industry Flails Under High Costs
California legislators are proposing to take on $1 billion in debt for a seaport overhaul to help offshore wind companies build their turbine factories in federal waters even as the industry is losing subsidies and flailing under high costs. The Democratic bill, introduced this week, would ask voters to approve $1 billion in bonds “for