US stimulus bill that is currently blocked creates a new Investment Tax Credit (ITC) for offshore wind equal to 30%

US stimulus bill that is currently blocked creates a new Investment Tax Credit (ITC) for offshore wind equal to 30% of project capex. @BloombergNEF estimates $48 bn will be needed to build all offshore projects forecast by 2027, making the credit potentially worth $14.4 billion. https://t.co/WUmn18qANH

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