Trump Admin STRIKES Nearly $1 BILLION DEAL to DITCH Biden’s FAILED Atlantic Wind Farms — Forces French Giant to INVEST in American Oil, Gas, and LNG Instead
The Trump administration has finalized a massive deal with French energy conglomerate TotalEnergies to abandon offshore wind projects along the U.S. Atlantic coast and instead pour nearly $1 billion into American energy production.
According to the Department of the Interior, TotalEnergies agreed to walk away from costly offshore wind leases and reinvest that capital into U.S.-based oil, natural gas, and LNG development.
In return, the federal government will reimburse the company up to roughly $928 million...