Canary Media | Trump’s latest salvo to upend offshore wind: Pay firms not to build it by Maria Gallucci

In its efforts to block U.S. offshore wind development, the Trump administration has halted project construction , rolled back tax credits , and spread misinformation . Now, in the latest maneuver, the administration is paying a global energy giant nearly $1 billion to walk away from its plans to install turbines off…

Read more: https://www.canarymedia.com/articles/offshore-wind/trumps-latest-salvo-upend-offshore-wind-pay

#trump #trumpadministration #u.s. #offshorewind #globalenergygiant

Trump’s latest salvo to upend offshore wind: Pay firms not to build it

The administration will pay TotalEnergies $1B to end its offshore wind leases and invest in LNG exports. Critics say the move could make energy even more…

Canary Media