Trump Administration Pays $1B to Scrap Offshore Wind Projects
US News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Trump administration is contemplating a controversial move to halt two major offshore wind projects by compensating TotalEnergies over $900 million to abandon its leases. The proposed deals aim to scrap the Attentive Energy project off New York and the Carolina Long Bay site off North Carolina. In exchange, TotalEnergies would redirect the funds to build natural gas infrastructure in Texas, aligning with the presidents focus on reliable domestic energy. This comes after failed attempts to halt wind farms already underway. The administration has long opposed offshore wind, favoring oil and gas for energy independence. The settlements would fully end the leases, blocking any future revival. Meanwhile, other projects like Vineyard Wind in Massachusetts and Revolution Wind in Rhode Island continue to progress. Supporters argue this shift addresses a national energy emergency by prioritizing steady, affordable power over expensive green experiments, marking a significant shift towards traditional energy dominance.
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