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Trump Officials Weigh New Plan to Stop Offshore Wind Farms
Proposed settlements would block wind farms off New York State and North Carolina, according to documents reviewed by The New York Times.
Trump v Green Energy, Climate Change Science Catch-All
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“…
Trump Officials Weigh New Plan to Stop Offshore Wind Farms
Proposed settlements would block wind farms off New York State and North Carolina, according to documents reviewed by The New York Times.www.nytimes.com
Senior administration officials are drafting settlement agreements that would pay nearly $1 billion to TotalEnergies, the French energy company behind two wind farms off New York State and North Carolina, according to documents reviewed by The New York Times, including copies of the agreements.
Under the terms of the proposed settlements, the Interior Department would cancel the leases in federal waters for the two projects, known as Attentive Energy and Carolina Long Bay, the documents show. The Justice Department would then pay more than $928 million to TotalEnergies, reimbursing the company for its winning bids in lease sales during the Biden administration.
In exchange, TotalEnergies would abandon its plans to begin building the wind farms. It would also commit to investing in natural gas infrastructure in Texas, as the Trump administration prioritizes the production of fossil fuels over renewables like wind and solar power.…”