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.
Engadget
- Entities
- Trump administration
- Clean Energy
- Offshore Wind Projects
- Fossil Fuels
- Ocean Winds
- Global Infrastructure Partners
- Bluepoint Wind
- Golden State Wind
- TotalEnergies
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