$1 B OffShore Wind Bond

California legislators are proposing a $1 Billion Bond for offshore wind. AB2208 (2024 | CA)  would cover bond funding for turbines and to expand a port in Humbolt County and Morro Bay. Projections show the offshore wind project will generate 25 gigawatts of electricity by 2045 to power 25 million homes and provide about 13% of the power supply.

CalMatters | Legislators unveil measure to ask voters for $1 billion offshore wind bond