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Lisa Quattrocki Knight Lisa Quattrocki Knight

Coal gives Ørsted profit boost

Despite trying to “green-wash” their reputation, the multi-billion dollar danish energy giant, Ørsted, significantly profits from burning coal in 2022.

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Lisa Quattrocki Knight Lisa Quattrocki Knight

The high cost of decommissioning

Decommissioning can cost 70% of the construction costs, according to this analysis from Europe. After fifteen years of operation, BOEM will only require Revolution Wind to put aside $325 million, when the likely cost of decommissioning could exceed $7 billion. Who will pay the difference?

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