LOADING ERROR LOADINGThe Trump administration will pay $1 billion to a French company to walk away from two U.S. offshore wind leases as the administration ramps up its campaign against offshore wind and other renewable energy. AdvertisementThe Trump administration has tried to halt offshore wind construction, but federal judges overturned those orders. TotalEnergies pledged to not develop any new offshore wind projects in the United States. The Trump administration halted construction on five major East Coast offshore wind projects days before Christmas, citing national security concerns. On Monday, one of the wind farms targeted by the administration, Coastal Virginia Offshore Wind, started delivering power to the grid for Virginia.
Source: Huffington Post March 24, 2026 00:43 UTC