The Race Is On For Offshore Wind

Law360, New York (July 14, 2010, 11:08 AM EDT) -- Both houses of the New Jersey legislature overwhelmingly passed the Offshore Wind Economic Development Act (S-2036 and A-2873) on June 28, 2010. The act creates a robust package of financial incentives for offshore wind development and sets a target of 1,100 megawatts of wind generation off of New Jersey’s coast. New Jersey is among a handful of states in the running to incentivize and complete the nation’s first offshore wind development.

The act directs the New Jersey Board of Public Utilities (BPU) to set regulations relating...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.