ter, mar 17

NEWS: Trump Officials Weigh New $1 Billion Deal to Stop Offshore Wind Farms

The Trump admin is contemplating nearly $1B in settlements to thwart two offshore wind projects. (NYT)

  • The administration is 0-for-5 in its attempts to halt wind farms already under construction. Now, they’re pursuing a new play in the offshore wind crackdown: targeting projects that haven’t even broken ground.

  • The details: The Interior Department would scrap TotalEnergies’ federal leases for Attentive Energy (off NY) and Carolina Long Bay (off NC). In exchange, DOJ would offer the company $928M+ for its lease bids. Another piece of the deal: TotalEnergies would invest in Texas natural gas infrastructure. 

  • And if TotalEnergies refuses? The admin plans to cancel the leases anyway, per documents reviewed by NYT—risking a potentially pricey legal fight neither side seems to want.

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