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Garden State Times

Sunday, February 23, 2025

Bucco & Testa: Murphy and Democrats Criticized for Money Squandered By Orsted

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Senator Anthony M. Bucco, Republican Leader - District 25 | Official U.S. Senate headshot

Senator Anthony M. Bucco, Republican Leader - District 25 | Official U.S. Senate headshot

Senate Republican Leader Anthony M. Bucco and Senator Michael Testa have criticized Governor Murphy and Trenton Democrats for their handling of funds related to Orsted, a foreign wind developer. Bucco emphasized the need for accountability, stating, “Governor Murphy and Trenton Democrats must account for all the money that has been squandered on their failed extreme energy policy.” He further remarked, “It’s like Governor Murphy is playing checkers while Orsted is playing chess.”

According to reports, Orsted recently withdrew their compliance filing with the New Jersey Board of Public Utilities (BPU), jeopardizing $300 million owed to the state. Testa highlighted the significant financial implications, noting, “Taxpayers shelled out almost $1 billion for infrastructure to support wind farm owners who then walked away.” He also pointed out other questionable expenses, such as “$5 million for a wind institute,” raising concerns about the allocation of taxpayer funds.

Governor Murphy and Trenton Democrats have denied any wastage of taxpayer money, despite the looming risk of losing substantial funds. Testa criticized the governor’s stance, stating, “Governor Murphy wants us to believe that taxpayer money wasn’t wasted because he got played.”

The situation with Orsted serves as a point of contention between the Senate Republicans and Governor Murphy's administration, highlighting concerns over financial oversight and accountability in energy policy decisions.

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