Trump Wind Ban Overturned As Judge Rules Halt On Permits Was 'Arbitrary And Capricious'

Benzinga

A federal judge struck down Trump’s nationwide ban on new wind projects, calling the policy arbitrary and restoring states’ ability to move forward with offshore wind development. The ruling follows a multistate lawsuit arguing the ban threatened the industry’s future.

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00:00It's Benzinga, bringing Wall Street to Main Street

00:02A federal judge overturned Trump's nationwide ban on new wind power projects on Monday,

00:07according to CNBC. Judge Patty Sarris ruled that the administration's halt on permits and leases

00:13was arbitrary and capricious, and lacked a reasoned explanation.

00:18Seventeen states, led by New York Attorney General Letitia James,

00:21sued to block the restrictions, arguing the policy posed an existential threat to the industry.

00:26The decision restores the ability of states pursuing offshore wind

00:30to advance projects aimed at meeting energy demand and reducing carbon dioxide emissions.

00:35The White House said offshore wind had previously received unfair preferential treatment,

00:40while other energy sectors faced burdensome regulations.

00:43For all things money, visit Benzinga.com.

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