EU Blowing Funds Into Offshore Wind Power

Law360, New York (August 11, 2008, 12:00 AM EDT) -- With the pressing need to curb Europe's increasing dependence on foreign energy and to meet the ambitious goal of slashing greenhouse gas emissions by 20 percent by 2020, the European Union is promoting and supporting the development of offshore wind power farms, saying this untapped resource could provide the answer to many of its concerns.

The EU appears to be surpassing the United States in efforts to establish long-term incentives for the development of this valuable and viable renewable energy source. It is expected to pass...
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