Trump Admin to Pay $765M to Retire Four Offshore Wind Projects

USTrump Administration

The Trump administration is reportedly set to pay developers an additional $765 million to cancel four planned offshore wind projects. This move marks the third such agreement, bringing the total spent to approximately $2.5 billion to halt wind energy developments. The decision underscores a continued strategy by the current administration to unwind renewable energy initiatives.

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New York Times - Climate

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