California is probing Trump’s deal to sink the Golden State Wind project. (The Associated Press)
The California Energy Commission has subpoenaed Golden State Wind over its recent agreement with the Interior Department to abandon a floating offshore wind lease (in exchange for some $120M in lease fees).
The deal fits in with a broader Trump administration strategy to pay offshore wind developers a total of nearly $2B to ditch leases and steer matching investment into fossil fuel projects. In Congress, Democrats are also investigating this strategy.
California says it has spent about $100M preparing for offshore wind…and wants to know whether taxpayer dollars are being used to make clean energy projects disappear. 💨