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Taxpayers to fork out $1B to block Trump's pet obsession: 'Outrageous misuse'
trump hates wind power and wind mills. Many nations are using this source of power to lessen the need for oil. trump sued to block this project and lost in court. Now, trump is using taxpayers money to cancel a very valuable wind power project.
Taxpayers to fork out B to block Trump's pet obsession: 'Outrageous misuse'
— 🌊🌊 I Voted For Her 🌊🌊 (@bluedotnd.bsky.social) 2026-03-27T15:34:40.458Z
www.rawstory.com/trump-admini...
https://www.rawstory.com/trump-administration-will-pay-1b-to-block-2-offshore-wind-farms/
The U.S. government will pay a French energy firm nearly $1 billion to cancel its plans to build a pair of wind farms off the East Coast, the Trump administration announced Monday in its latest move to stymie offshore wind.
The French firm TotalEnergies will forfeit its leases for projects off the coasts of New York and North Carolina, with the United States paying $928 million to reimburse what the company initially spent on the leases.
Under the deal, TotalEnergies will reinvest that money into oil and gas projects, including a liquefied natural gas export facility in Texas.
President Donald Trump has repeatedly vowed to block the development of offshore wind projects, which many East Coast states have been counting on to meet their energy needs in the coming years. The projects canceled under the deal announced Monday would have provided power to more than 1 million homes.
Late last year, the Trump administration invoked classified national security threats to stop work on five wind farms that were under construction, but courts have ruled that the projects can proceed. But for dozens of other projects still in the planning and permitting stages, industry experts expect little progress while Trump remains in office.
The French firm TotalEnergies will forfeit its leases for projects off the coasts of New York and North Carolina, with the United States paying $928 million to reimburse what the company initially spent on the leases.
Under the deal, TotalEnergies will reinvest that money into oil and gas projects, including a liquefied natural gas export facility in Texas.
President Donald Trump has repeatedly vowed to block the development of offshore wind projects, which many East Coast states have been counting on to meet their energy needs in the coming years. The projects canceled under the deal announced Monday would have provided power to more than 1 million homes.
Late last year, the Trump administration invoked classified national security threats to stop work on five wind farms that were under construction, but courts have ruled that the projects can proceed. But for dozens of other projects still in the planning and permitting stages, industry experts expect little progress while Trump remains in office.