Trump Admin Redirects Billions From Offshore Wind To Fossil Fuels
TL;DR Summary
The Trump administration has reached a $1.22 billion settlement with German energy firm RWE to cancel offshore wind leases near New York, California, and Louisiana, diverting funds to fossil-fuel projects including a 16% stake in an LNG venture and plans for natural gas plants. This marks the fifth deal of its kind, bringing total payouts to about $4 billion to kill green-energy projects and prompting criticism over taxpayer costs and environmental impact.
- Trump Administration Spends Another $1.2 Billion To Kill Offshore Wind Farm Projects Engadget
- Trump administration to pay German firm to halt US wind projects BBC
- Trump Administration to Pay German Firm $1.2 Billion to Cancel Wind Leases The New York Times
- Team Trump uses taxpayer money to scuttle yet another renewable energy project MS NOW
- Trump Keeps Spending US Tax Dollars to Kill Offshore Wind and Boost Oil and Gas Mother Jones
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