Why the offshore wind industry may be on the verge of collapse

America’s offshore wind industry is on the ropes after two major announcements in the last month: President Donald Trump’s executive order to halt wind development and New Jersey saying it will not provide financial support for new offshore wind projects. POLITICO’s Ry Rivard breaks down how the industry is in tatters and what this means for the future of offshore wind in the United States. Plus, the Senate voted on Monday to confirm Chris Wright to lead the Energy Department.  Ry Rivard covers energy, the environment and transportation in New Jersey for POLITICO.  Josh Siegel is an energy reporter for POLITICO.  Nirmal Mulaikal is a POLITICO audio host-producer. Alex Keeney is a senior audio producer at POLITICO.  Gloria Gonzalez is the deputy energy editor for POLITICO.  Matt Daily is the energy editor for POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Learn more about your ad choices. Visit megaphone.fm/adchoices