H.R. 10508, known as the "Offshore Energy Modernization Act of 2024," aims to amend the Outer Continental Shelf Lands Act to support offshore renewable energy projects in the U.S. This bill sets goals for offshore wind energy production, establishes the Offshore Power Administration, and...
Simple Explanation
The "Offshore Energy Modernization Act of 2024" is a plan to use ocean wind to make electricity, by setting up rules and a new group to help build and manage these ocean wind projects. However, there are worries about spending too much money without carefully checking, which might lead to waste.