States sue over $1B payout to TotalEnergies to quit offshore wind
TL;DR
A coalition of seven Northeastern states led by New York is suing the Trump administration over its nearly $1 billion payment to TotalEnergies to exit offshore wind leases, arguing the deal refunds $928 million and redirects funds to fossil-fuel investments, unlawfully pressuring a foreign company and hindering climate goals; the cancellation would affect NY’s Attentive Energy One and NJ’s Attentive Energy Two offshore wind projects, potentially powering hundreds of thousands of homes.
Topics:businessus-politics-and-policy#energy-sector#renewable-energy#us-government#us-politics-and-policy#wind-power
- Seven states sue US for paying $1bn to make TotalEnergies exit wind power Financial Times
- The Trump admin paid a French company $1 billion to not build offshore wind farms. Blue states are suing CNN
- New York Sues Trump Administration Over TotalEnergies Wind Farm The New York Times
- Six States Are Suing the Trump Administration Over Its Deal to Kill an Offshore Wind Project Mother Jones
- State Attorneys General Sue Trump Administration Over Payment Ending Offshore Wind Projects WSJ
Want the full story? Read the original reporting
Read on Financial Times