Engadget
Published
·
Trump administration is paying more companies to abandon offshore wind projects
The Trump Administration has brokered deals with Bluepoint Wind and Golden State Wind, paying them $885 million combined to abandon their offshore wind leases and invest in oil and gas projects instead. These agreements, which also involve Global Infrastructure Partners and Ocean Winds, signal a rejection of clean energy in favor of fossil fuels, despite ongoing challenges to claims about climate change and renewable energy costs.
▸ entities in this article