Trump Admin Ends Morro Bay Offshore Wind Project, Redirects Subsidies to Fossil Fuel Projects

The Trump administration announced settlements canceling Golden State Wind’s Morro Bay offshore lease and Bluepoint Wind near New York, with Ocean Winds recovering about $120 million in lease fees after matching investments in Gulf Coast energy projects; the Interior Department also offered roughly $885 million to terminate both leases, as part of a shift toward baseload energy. The moves drew praise from supporters and criticism from California officials and renewables advocates who warn of job losses and stalled clean-energy goals.