Loading...
Please wait while we get things ready for you
Please wait while we get things ready for you
The Trump administration has now spent roughly $4 billion in taxpayer money buying out energy companies to kill US offshore wind projects, with the fifth and largest deal — a $1.22 billion payout to German utility RWE — announced Thursday. RWE agreed to surrender offshore leases off New York, Louisiana, and Northern California and redirect the money into LNG and fossil fuel projects instead. The scale is staggering: five deals in months, all struck after courts...
Ask AI about this