Skip to playerSkip to main content
Forbes Breaking News
  • 7 months ago
During remarks on the Senate floor Tuesday, Senate Minority Leader Chuck Schumer (D-NY) spoke about the Trump administration lifting a work stop order on the Empire Wind project on Long Island.
Transcript
00:00And finally, on Equinor. Yesterday, after weeks of fierce backlash, the Trump
00:06administration backed off its unjustified work stop order for Equinor's
00:12empire wind off the coast of Long Island. I'm really glad the administration backed
00:16off. For weeks, I worked with Governor Hochul, Equinor, and pushed Secretary
00:21Lutnik to release their report explaining their work stop order. They
00:26told Equinor they must stop. They said you didn't meet environmental assessments.
00:30And they wouldn't tell him why. They couldn't even answer. They were so
00:34frustrated, they were ready to leave, even though he invested billions and
00:38billions already in the ground to build these turbines, which could provide up
00:43to 800,000 families with cheaper electricity. Well, the reversal is good.
00:50It will save more than a thousand good-paying New York jobs on Long Island
00:55and on Staten Island. And it will preserve billions in private
00:59investment. What kind of country encourages companies to invest in America and then
01:04all of a sudden makes them lose four or five billion dollars that they've
01:08already sunk into the ground without even giving them a reason for it? A few days
01:12later in this project could have been scrapped entirely. A disaster for New York's
01:16economy and for the entire wind and energy industry. The work stop announced was
01:21rotten the moment it was issued. The administration never gave a real
01:25explanation for its many claims that Equinor permits were rushed. The orders,
01:30this order, seem more like a broadside against the wind industry than anything
01:34else. So this episode should serve as a warning to other industries. Donald Trump
01:40may try to push you, but if you push back he will back off. I say that to all the wind and
01:45solar folks who are producing and are about to produce good, clean, low-cost energy. And
01:52Donald Trump and the Republicans in the House and maybe in the Senate are
01:55threatening them by cutting off the tax breaks we were able to get done in the IRA.
02:00Now that this order is lifted, billions of dollars in private investment will once
02:06again flow into New York. Thousands of New Yorkers and offshore wind supply chain
02:10workers across the country can get back to work. Construction can continue on a
02:15project that will power half a million homes and we can proceed on one of the
02:19biggest most significant offshore wind projects in the country.
Be the first to comment
Add your comment

Recommended

Chuck Schumer Slams Trump's Cuts To 'The Very Unit' That Targets Lone Wolf Extremists Prior To MN Attacks
Forbes Breaking News
6 months ago
Chuck Schumer Accuses Trump Of Using Presidency For Self-Enrichment As President Visits Middle East
Forbes Breaking News
7 months ago
Chuck Schumer Hammers Trump For His 'Pattern Of Appeasement' Towards China
Forbes Breaking News
4 months ago
Chuck Schumer Holds Press Briefing After Senate Passes Trump's Big Beautiful Bill
Forbes Breaking News
5 months ago
Chuck Schumer Goes Nuclear On Trump Over Qatar Plane Gift
Forbes Breaking News
7 months ago
'MAGA Loyalists Dressed Up As Jurists': Chuck Schumer Lights Into Trump's Judicial Nominees
Forbes Breaking News
6 months ago
Chuck Schumer Tears Into Trump For Raising Costs For US Consumers As Mass-Tariff Deadline Looms
Forbes Breaking News
4 months ago
Chuck Schumer Calls For Investigation Into Trump Admin.'s Cuts To NWS Amid Texas Floods
Forbes Breaking News
5 months ago
Chuck Schumer Torches Trump's Tariffs, Previews Vote To End 'Stupid And Reckless' Trade War
Forbes Breaking News
7 months ago
'Another Donald Trump Loyalist': Chuck Schumer Drops The Hammer On Key Judicial Nominee
Forbes Breaking News
3 months ago
'That Is The Arrogance Of A Billionaire': Chuck Schumer Lays Brutal Smackdown On Trump's First 100 Days
Forbes Breaking News
7 months ago
Chuck Schumer Warns Trump Against Rubber Stamping Takeover Of Norfolk Southern By Union Pacific
Forbes Breaking News
4 months ago
Schumer Warns GOP That Dems Will Refuse To 'Go Along With A Partisan Bill' Amid Looming Shutdown
Forbes Breaking News
3 months ago
Chuck Schumer Claims More Republicans Than Tillis Oppose Big Beautiful Bill In Remarks Torching It
Forbes Breaking News
5 months ago
'A Lot Of Buyer's Remorse': Chuck Schumer Lights Into Trump As His 100-Day Approval Rating Sinks
Forbes Breaking News
7 months ago
Chuck Schumer Slams Trump's FAA Administrator Nominee, Warns He Will Put 'Profits Over Passenger Safety'
Forbes Breaking News
5 months ago
Chuck Schumer Assails 'The Big Ugly Betrayal' After Republicans Unveil Senate Portion
Forbes Breaking News
6 months ago
Chuck Schumer Drops The Hammer On Trump's 'Deeply Flawed' FAA Administrator Nominee
Forbes Breaking News
5 months ago
Chuck Schumer Slams John Thune For 'Talking Out Of Both Sides Of His Mouth' On Appropriations
Forbes Breaking News
4 months ago
Chuck Schumer Tears Into Trump After Walmart Announces Price Increases Due To 'Magnitude' Of Tariffs
Forbes Breaking News
7 months ago
'100 Days From Hell': Chuck Schumer Issues Brutal Takedown Of Trump After Poor Approval Rating Polls
Forbes Breaking News
7 months ago
'I Don't Like Getting Into Looks...': Trump Unleashes On 'Poor, Stupid Chuck Schumer'
Forbes Breaking News
3 months ago
'Worse Than We Thought': Chuck Schumer Absolutely Tears Into Trump's So-Called 'Big, Beautiful Bill'
Forbes Breaking News
6 months ago
Chuck Schumer Lambasts Trump’s Tariffs: ‘This Is A Vacation From Hell Self-Imposed By’ The President
Forbes Breaking News
6 months ago
John Thune Slams Chuck Schumer For 'Implicitly Threatening' To Allow Government Shutdown
Forbes Breaking News
4 months ago