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Stock impact report

Trump Halts NY Offshore Wind Project Work Amid Sector Review [Yahoo! Finance Canada]

Equinor ASA (EQNR) 
Last equinor asa earnings: 2/6 12:43 am Check Earnings Report
(Bloomberg) -- The Trump administration halted work on an offshore wind farm being built off New York amid a broader review of the sector's projects. Most Read from Bloomberg Interior Secretary Doug Burgum ordered the pause on Equinor ASA's project in consultation with Commerce Secretary Howard Lutnick, according to a post Wednesday on X. The project had been fully permitted, New York Governor Kathy Hochul said in a statement. Called Empire 1, the wind facility designed to power 500,000 homes was slated to start commercial operation in 2027. Trump is a longtime critic of wind turbines he decries as ugly, bird-killing monstrosities. He raised the specter of blocking even fully permitted offshore wind projects on his first day in office, when he directed the Interior Department to review the “necessity of terminating or amending any existing wind energy leases” and “identifying any legal bases for such removal.” Still, many analysts and industry advocates had expected widesprea Show less Read more
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