US to pay TotalEnergies $1 billion to stop developing offshore wind in US

Ars Technica
By John TimmerMar 23, 2026, 3:30 pm44 pts
On Monday, the Trump administration announced its newest approach to its goal of blocking the development of offshore wind: pay companies to walk away from lease sites they had paid for under the Biden administration. The Department of the Interior, which arranges leases of coastal sites for the development of…

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