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OKIsItJustMe

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7. AP: Trump administration to pay French company $1B to walk away from US offshore wind leases

Reply to muriel_volestrangler (Original post)

Mon Mar 23, 2026, 06:58 PM

Mar 23

https://apnews.com/article/trump-offshore-wind-energy-climate-totalenergies-interior-092eeeacc5d09730d4e20a95d7df7de1

By JENNIFER McDERMOTT and MATTHEW DALY
Updated 5:12 PM EDT, March 23, 2026

PROVIDENCE, R.I. (AP) — The 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.

TotalEnergies has agreed to what’s essentially a refund of its leases for projects off the coasts of North Carolina and New York, and will invest the money in fossil fuel projects instead, the Department of Interior announced Monday.

President Donald Trump’s administration has tried to halt offshore wind construction, but federal judges repeatedly overturned those orders.

The Interior Department hailed the “innovative agreement” with the French energy giant and said, “the American people will no longer pay for ideological subsidies that benefited only the unreliable and costly offshore wind industry.″

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Highlight:

US to pay almost $1bn to French energy company to kill wind project plan [View all] muriel_volestrangler Mar 23 OP

US turning out to be the dumbest f*cking contry in the world. sinkingfeeling Mar 23 #1

Kill baby kill! BeyondGeography Mar 23 #2

why are we paying to shoot ourselves in the foot eShirl Mar 23 #3

Greed is the root of all evil. ananda Mar 23 #4

Another ignorant decision by Trump and the Oil Cabal leading him around by the nose gohuskies Mar 23 #5

Yes, it's truly evil LymphocyteLover Mar 23 #17

How many people have their own "epstein button" on trump? PSPS Mar 23 #6

AP: Trump administration to pay French company $1B to walk away from US offshore wind leases OKIsItJustMe Mar 23 #7

Interior and TotalEnergies Agree to End Offshore Wind Projects, Lowering Costs for American Families OKIsItJustMe Mar 23 #8

"Renounce costly leases"? mahatmakanejeeves Mar 23 #11

Leading up to the decision: mahatmakanejeeves Mar 23 #9

OMFG! OKIsItJustMe Mar 23 #10

I try not to be cynical but it isn't worth the effort. twodogsbarking Mar 23 #13

TAXPAYER average working Americans not the U.S. SHOULD BE IN THE TITLE blue blues Mar 23 #12

King Butt. twodogsbarking Mar 23 #14

The problem is will France ever collect.. Knowing tfg he will just tie this up in the courts like everything else..nt mitch96 Mar 23 #15

FUCKING EVIL SHITS LymphocyteLover Mar 23 #16

Stupid People Elected these Stupid Assholes ramapo Mar 23 #18

We're living in Idiocracy IronLionZion Mar 23 #19

Hey! Look TSA, the Felon has at least $1 billion to give the French to stop clean renewable energy. Buddyzbuddy Mar 24 #20

America has handed the keys over to the criminally insane. hay rick Mar 24 #21

The rest of the world moves forward. thought crime Mar 24 #22

Putin's orders. We have such poor business leadership in this country. travelingthrulife Mar 24 #23

Taxpayers to fork out $1B to block Trump's pet obsession: 'Outrageous misuse' LetMyPeopleVote Sunday #24

No wonder the U.S. is insolvent RussBLib Sunday #25

Corrupt saboteur. mahina Sunday #26

That's OUR MONEY ! The USA is insolvent .... Bread and Circuses Sunday #27

Still so fucking disgusting!!! LymphocyteLover Tuesday #28

Chump has declared bankruptcy 6 times, and he's working on his biggest one ever! FakeNoose Wednesday #29

Must squeeze every penny from every drop of oil. Kid Berwyn Wednesday #30