If Joe Biden’s ambitious wind-turbine goals are realized, “thar’ she blows” could be shouted throughout the land. After all, the President’s initiative seems to be quite the bonanza for lubricants demand in the wind energy sector. Alas, if only that were true.
The plan is to develop large-scale wind farms along nearly the entire coastline of the United States, with Biden pledging to build 30,000 megawatts of offshore wind in the United States by 2030. Interior Secretary Deb Haaland has stated that her agency will formally begin the process of identifying federal waters to lease to wind developers by 2025.