1Trenton, NJ – Rumors circulating on social media claim that Governor Phil Murphy, a former Goldman Sachs executive, is personally profiting from New Jersey’s booming offshore wind industry. The theory has gained traction among critics of the state’s renewable energy push, who point to Murphy’s Wall Street background and estimated $80 million net worth as supposed evidence of hidden financial stakes.

Murphy has made offshore wind development a centerpiece of his administration’s clean energy agenda, committing New Jersey to ambitious targets for renewable power. Under his leadership, the state has approved large-scale wind farm projects along its coastline, partnering with global energy companies to expand capacity.

Opponents have seized on this advocacy to suggest Murphy stands to

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