Should Finance for Ships Be Part of Washington’s Offshore Wind Push?
US President Joe Biden is pressing for a sweeping build-out of wind power in the country's waters.
But Congress has not added funding to the programme—known in Jones Act circles as Title XI—for years. And officials have not publicly highlighted ship finance in the push for offshore wind.
"It's disappointing to me that more members of Congress and the administration are not looking to it for this purpose," said Joan Bondareff, a Washington DC-based maritime attorney at law firm Blank Rome.
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“Should Finance for Ships Be Part of Washington’s Offshore Wind Push?” by Eric Priante Martin was published in TradeWinds on October 21, 2021.