President Donald Trump has proposed a $188.8 million Fiscal Year (FY) 2021
budget for the Bureau of Ocean Energy Management (BOEM) to manage offshore
energy and mineral resources.
Of the $188.8 million FY 2021 budget, approximately $26.5 million has been
earmarked to advance offshore renewable energy development. BOEM will continue
to advance renewable energy through its leasing program and streamlining
its permitting and National Environmental Policy Act (NEPA) processes.
In addition, the proposed budget increases BOEM’s capacity to undertake
research activities and foster stakeholder engagement.
“This Administration calls for furthering America's energy security, producing
energy in a safe and environmentally sound manner, while ensuring fair
market value to the taxpayers,” said BOEM’s Acting Director, Dr.
Walter Cruickshank. “The FY 2021 budget request allows BOEM to continue
its efforts to advance these goals as part of our statutory mission.”