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US Pays $1B to TotalEnergies for Fossil Fuel Projects

US Pays $1B to TotalEnergies for Fossil Fuel Projects

Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 24, 20261m 23s

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Show Notes

The Interior Department announces a $1 billion deal with TotalEnergies, trading offshore wind leases for fossil fuel projects. This move comes after legal setbacks blocking Trumps anti-wind orders. Supporters praise it as marine life protection, while critics deem it a wasteful foreign handout. The deal signals a shift in energy focus, with questions on future payouts.

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