This chapter explores the funding and investments for the development of an offshore wind industry in America, including foreign investments and state/federal grants. It also discusses the challenges and potential benefits of constructing a factory for offshore wind tower manufacturing in the Port of Albany.
Mike Johnson, a loyal ally of Donald Trump, has been elected Speaker of the House of Representatives. Plus, in the first instalment of our Investing In America series, we travel to the Port of Albany to look at how money outside the US is changing the country.
Mentioned in this podcast:
Donald Trump ally Mike Johnson elected US House Speaker after weeks of gridlock
Investing in America
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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