Ørsted Power Station, situated at Sydhavnen in Copenhagen. Photo: Klaus Gnnter J÷rgenshaus/Getty Images

Danish company Ørsted, whose North American President Thomas Brostrøm spoke at The Atlantic Council Thursday, is among numerous firms bidding for government-administered wind leases offshore America’s mid-Atlantic coastlines.

Why it matters: Offshore wind is a rare renewable energy the Trump administration is actively supporting. There’s currently only one offshore wind farm in the U.S., off Rhode Island.

The big picture: Ørsted is at the leading edge of Europe’s traditional oil and natural-gas companies that are transforming into producers of cleaner energy sources. Formerly known as Danish Oil and Natural Gas (DONG), the company changed its name last year and has been shifting away from fossil fuels to renewables, particularly wind, in the last several years.

Trump administration influence: Brostrøm said the U.S. Interior Department is supporting the development of offshore wind, particularly by helping to streamline the permitting process. That’s an “area that is a little bit more cumbersome here,” Brostrøm said, comparing it to Europe.

  • He went on to say that here in the U.S., and with this administration, creating jobs and helping to produce more domestic sources of energy are paramount. “We firmly believe climate change is also happening,” Brostrøm said. “The other areas I mentioned are bigger drivers right now.”

What’s driving corporate interest in offshore wind: Brostrøm said it’s more the market than the 2015 Paris climate deal: “My view is that costs are coming down and it gets competitive. Ultimately [that’s] what is driving the market.”

Where the company is looking to develop in the U.S.: Up and down the East Coast to the Carolinas and eventually California, Brostrøm said. The company already has two projects under development off Massachusetts and New Jersey, with more in the works elsewhere.

Go deeper

Trump signs bill to prevent government shutdown

Senate Majority Leader Mitch McConnel and President Trump arrives at the U.S. Capitol in March. Photo: Samuel Corum/Getty Images

President Trump signed a bill to extend current levels of government funding into early December, White House spokesperson Judd Deere confirmed early Thursday.

Driving the news: The Senate on Tuesday passed the legislation to fund the federal government through Dec. 11, by a vote of 84-10. The move averts a government shutdown before the Nov. 3 election, though funding did expire briefly before the bill was signed.

Editor's note: This is a developing news story. Please check back for updates.

Updated 32 mins ago - Science

In photos: Deadly wildfires devastate California's wine country

The Shady Fire ravages a home as it approaches Santa Rosa in Napa County, California, on Sept. 28. The blaze is part of the massive Glass Fire Complex, which has razed over 51,620 acres at 2% containment. Photo: Samuel Corum/Agence France-Presse/AFP via Getty Images

More than 1700 firefighters are battling 26 major blazes across California, including in the heart of the wine country, where one mega-blaze claimed the lives of three people and forced thousands of others to evacuate this week.

The big picture: More than 8,100 wildfires have burned across a record 39 million-plus acres, killing 29 people and razing almost 7,900 structures in California this year, per Cal Fire. Just like the deadly blazes of 2017, the wine country has become a wildfires epicenter. Gov. Gavin Newsom has declared a state of emergency in Napa, Sonoma, and Shasta counties.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 12:30 a.m. ET: 33,880,896 — Total deaths: 1,012,964 — Total recoveries: 23,551,663Map.
  2. U.S.: Total confirmed cases as of 12:30 a.m. ET: 7,232,823 — Total deaths: 206,887 — Total recoveries: 2,840,688 — Total tests: 103,939,667Map.
  3. Education: School-aged children now make up 10% of all U.S COVID-19 cases.
  4. Health: Moderna says its coronavirus vaccine won't be ready until 2021
  5. Travel: CDC: 3,689 COVID-19 or coronavirus-like cases found on cruise ships in U.S. waters — Airlines begin mass layoffs while clinging to hope for federal aid
  6. Business: Real-time data show economy's rebound slowing but still going.
  7. Sports: Steelers-Titans NFL game delayed after coronavirus outbreak.