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Pennsylvania Court Rules Governor Overstepped Authority on RGGI; Ørsted’s Stock Plummets After Wind Farm Cancellations.

Pennsylvania’s Commonwealth Court has ruled that the state’s governor overextended his power by signing the state up for the Regional Greenhouse Gas Initiative (RGGI), an illegal tax, according to the court. The decision to cancel two major offshore wind farms led to a 25% drop in Ørsted’s stock price, leading to a six-year low. The demise of the Ocean Wind I and II farms raises questions about whether millions of dollars spent on New Jersey offshore wind workforce and infrastructure development will be wasted. Atlantic Shores Offshore Wind has no plans to end development of a 1.51 GW offshore wind farm off the coast of New Jersey. The University of Maine at Orono proposes upgrading its campus steam plant to run on “eco-friendly liquid and gas fuels”. Pennsylvania’s attorney general criminally charges Equitrans for failing to investigate and repair a known natural gas leak that led to an explosion in a 2018 house explosion. New York City’s transit agency and Fort Lee, New Jersey, mayor files a federal lawsuit against a proposed traffic congestion tolling program, claiming it would increase air pollution.

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