The U.S. Just Paid $1 Billion to Kill Clean Wind Energy and Hand It to Big Oil

The U.S. Just Paid $1 Billion to Kill Clean Wind Energy and Hand It to Big Oil

The Trump administration paid TotalEnergies $928M to abandon U.S. wind projects, redirecting funds to fossil fuels in a major clean energy blow.

Trump’s ‘billion-dollar giveaway’ actually a refund to free us from costly offshore wind

Headlines last week (NY Times, NPR, CNN) screamed that President Donald Trump was handing nearly a billion dollars to a French energy giant to cancel building offshore wind farms. The coverage was classic gotcha journalism — misleading, incomplete, and designed to fit a tired narrative. The real story is far more straightforward and sensible. On March

Trump Administration Saves Rate Payers From Costly Offshore Wind Boondoggle

The Trump administration reached a deal with French energy producer TotalEnergies in which it would return almost $1 billion to end its offshore wind farm projects in the United States. The $928 million reimbursement, which was what TotalEnergies paid for project leases, would instead be invested in U.S. oil and gas projects. According to Interior Secretary Doug Burgum, “The era of taxpayers subsidizing unreliable, unaffordable and unsecure ener…