Trump’s $1 billion payoff to stop offshore wind is even stranger than it sounds
President Trump's administration is refunding nearly $1 billion in wind energy leases in exchange for oil and gas investment commitments.
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Trump’s $1B payoff to stop offshore wind is even stranger than it sounds2 articles·2 sources·Avg cred 41/100
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tl;dr
The Trump administration is refunding nearly $1 billion to TotalEnergies for canceled Atlantic offshore wind leases, contingent on the firm reinvesting in US oil and gas projects.
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