Lake Erie wind project officials applaud new federal legislation to extend tax credit for offshore wind energy through 2025

Officials proposing to develop an offshore wind turbine demonstration project in Lake Erie are applauding new Congressional efforts to extend an existing tax credit for the offshore wind industry through 2025. The Lake Erie Energy Development Corp. (LEEDCo) said two pieces of legislation introduced this week, if passed into law, will help provide critical long-term stability to the US offshore wind industry that could lead to thousands of new jobs and billions of dollars in economic activity for Ohio alone.

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