11
Trump administration to pay French company $1B to walk away from US offshore wind leases (apnews.com)
submitted 7 months ago by to c/usa@midwest.social
1 comment fedilink hide all child comments
 

PROVIDENCE, R.I. (AP) — The Trump administration will pay $1 billion to a French company to walk away from two U.S. offshore wind leases as the administration ramps up its campaign against offshore wind and other renewable energy.

TotalEnergies has agreed to what’s essentially a refund of its leases for projects off the coasts of North Carolina and New York, and will invest the money in fossil fuel projects instead, the Department of Interior announced Monday.

President Donald Trump’s administration has tried to halt offshore wind construction, but federal judges repeatedly overturned those orders.

The Interior Department hailed the “innovative agreement” with the French energy giant and said, “the American people will no longer pay for ideological subsidies that benefited only the unreliable and costly offshore wind industry.″

Environmental groups denounced the deal as an alternate way to block wind projects, with one group calling it a “billion-dollar bribe” to kill clean energy.

1 comment

sorted by: hot top controversial new old
[–] 1 point 7 months ago*

How about keep the renewable energy and use that $1 billion instead to hire back all the CDC researchers, NASA officials, SSA phone answerers, science experts etc. that Traitorapist Trump fired? Since the DOGE "savings" was far less than $1 billion we could hire back everybody. Reversing all that damage Kremlin stooge Trump did would help to make America great again like before Trump fucked our country.

  • permalink
  • fedilink
  • source
    •
    1 comment in c/news@hilariouschaos.com view that post
    [–] 1 point 7 months ago*

    A+ prime doublethink from the admin on this one. "No longer will we allow taxpayer dollars to go to... unproven energy companies! Just the good old swamp we know."

  • permalink
  • fedilink
  • source
    •