“The House of Representatives’ action rolling back key provisions of clean energy and manufacturing tax credits denies ratepayers affordable and reliable electricity, stalls new energy development, and threatens billions of dollars of investments and good-paying jobs across the United States”, said Liz Burdock , president and CEO of Oceantic Network. “Offshore wind is making America more secure by revitalizing industries critical to national defense, like steel production and shipbuilding, and powering the advancement of critical technologies.”

The bill H. R. 1 is yet to pass the Senate, after which it would proceed to the US President’s desk to be signed into law.