Trump’s $2B buyoff to cancel offshore wind farms is a bad deal for taxpayers amid energy shortage

The U.S. is in a bizarre situation in 2026: It’s facing a looming energy shortage, yet the Trump administration is making deals to pay offshore wind developers nearly US$2 billion in taxpayer money to walk away from energy projects.

These politically motivated moves are costing Americans far more than just the buyouts.

Communities have been laying the groundwork for offshore energy projects for years. Offshore wind development brings jobs and economic development that reshape regional economies...