US-French Deal Scraps Offshore Wind, Boosts Gas
US News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
U.S. and TotalEnergies scrap offshore wind projects, redirecting $1 billion to natural gas production. Interior Secretary Burgum and TotalEnergies CEO Pouyanne announce the deal, citing cost and reliability concerns. The move reflects the Trump administrations rollback of Biden-era climate policies. TotalEnergies also signs a letter of intent for the Alaska liquefied natural gas project, signaling a shift towards fossil fuels.
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