US Edition
US, TotalEnergies to shift nearly $1 billion from wind to oil and gas
The Trump administration reimbursed TotalEnergies $928 million to cancel offshore wind leases off New York and North Carolina, redirecting funds to fossil fuel projects in the U.S.
- On Monday, Interior Secretary Doug Burgum and TotalEnergies CEO Patrick Pouyanne signed an agreement terminating two offshore wind leases off New York and North Carolina, with the government reimbursing the company about $928 million contingent on reinvesting funds into U.S. fossil fuel projects.
- This agreement follows repeated failed attempts by the Trump administration to halt offshore wind construction through court-ordered stop-work orders, as President Donald Trump has long criticized offshore wind as unreliable and expensive.
- TotalEnergies will redirect the reimbursed funds into U.S. oil, natural gas, and LNG projects in Texas and the Gulf of Mexico, despite the canceled leases originally being intended to power more than 1 million homes.
- Environmental groups and state officials condemned the deal as an "outrageous misuse of taxpayer dollars," with New York Governor Kathy Hochul calling it a "pay-not-to-play scheme" that prioritizes fossil fuels over clean energy.
- Industry experts suggest this buyout strategy marks a shift after previous legal setbacks, though the returned lease areas remain federal property, potentially allowing future administrations to offer these sites for development.
291 Articles
291 Articles
Why the US will pay a French company nearly $1 billion to give up wind farm plans
The Trump administration’s deal to pay TotalEnergies to shift from wind farms to U.S. fossil fuel investment appears to be a novel use of taxpayer funds. It also fits within a broader White House effort to restrict the offshore wind industry.
Taxpayers to fork out $1B to block Trump's pet obsession: 'Outrageous misuse'
The U.S. government will pay a French energy firm nearly $1 billion to cancel its plans to build a pair of wind farms off the East Coast, the Trump administration announced Monday in its latest move to stymie offshore wind.The French firm TotalEnergies will forfeit its leases for projects off the coasts of New York and North Carolina, with the United States paying $928 million to reimburse what the company initially spent on the leases.Under the…
Outrage builds over Trump’s billion-dollar bribe to stop wind farms
WASHINGTON—The BlueGreen Alliance of unions and environmental groups and Public Citizen slammed Donald Trump’s latest anti-green move: A $928 million payment to TotalEnergies to stop its construction and cancel its leases for wind farms off the coasts of New York and North Carolina, and its promise to never build wind farms in the U.S. again. The alliance, founded by the Steelworkers and the Sierra Club, is working to convince decision-makers th…
NC offshore wind project scrapped as Trump admin cancels leases
The Trump administration has canceled two large offshore wind-farm electrical generation leases that were approved under President Joe Biden. Interior Secretary Doug Burgum made the announcement at a major energy conference in Houston, Texas. “The era of taxpayers subsidizing unreliable, unaffordable and unsecure energy is officially over, and the era of affordable, reliable and secure energy is here to stay,” Burgum said. In 2022, French ener…
Trump Admin STRIKES Nearly $1 BILLION DEAL to DITCH Biden’s FAILED Atlantic Wind Farms — Forces French Giant to INVEST in American Oil, Gas, and LNG Instead | The Gateway Pundit | by Jim Hᴏft
The Trump administration has finalized a massive deal with French energy conglomerate TotalEnergies to abandon offshore wind projects along the U.S.
MyCentralOregon.com
Wind power will continue to grow, despite Trump administration's attempts to halt renewable energy: Experts
A general view of wind turbines at the Saint-Nazaire offshore wind farm, off the coast of the Guerande peninsula in western France, in Batz-sur-Mer, on December 3, 2025. (Photo by Jerome Gilles/NurPhoto via Getty Images) (NEW YORK) — Wind power production will continue to advance, despite the Trump administration’s attempts to halt the growing momentum of renewable energy, experts told ABC News. On Monday, the U.S. Department of the Interior rea…
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