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G
GristMar 25, 2026

Trump’s $1B payoff to stop offshore wind is even stranger than it sounds

President Trump's Department of the Interior is refunding $1 billion to a French oil company to cancel offshore wind leases.

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Trump’s $1B payoff to stop offshore wind is even stranger than it sounds
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The Trump administration's Department of the Interior is refunding $1 billion to TotalEnergies to cancel offshore wind leases in exchange for oil and gas investment, a move critics call a 'backdoor deal' to block renewable energy development.

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