Why the offshore wind industry’s troubles could hurt Biden’s climate goals

Energy companies have struggled to finance their offshore wind power projects, threatening a key part of President Joe Biden’s clean energy transition. The Biden administration is hoping the offshore wind industry will produce at least enough power for 10 million American homes by 2030. POLITICO’s Ry Rivard breaks down the industry’s financial woes and why 2023 could be a decisive year. Plus, federal and state authorities reached a deal with the city of Jackson, Miss., to hand control of its troubled sewer system over to a third-party manager.    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   Ry Rivard covers energy, the environment and transportation in New Jersey for POLITICO.  Josh Siegel is a congressional 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. Learn more about your ad choices. Visit megaphone.fm/adchoices