Trump pays $2B to halt offshore wind as rivals expand
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The Trump administration is spending $2 billion to buy back leases from companies like TotalEnergies, effectively halting U.S. offshore wind projects and shifting investments to oil and gas. This move comes as China expands its offshore wind capacity significantly. Congressional Democrats and state agencies are pushing back, claiming these payouts violate laws and misuse taxpayer funds, and they are committed to holding accountable those involved.
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