Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Latest Breaking News
In reply to the discussion: US to pay almost $1bn to French energy company to kill wind project plan [View all]LetMyPeopleVote
(179,996 posts)24. Taxpayers to fork out $1B to block Trump's pet obsession: 'Outrageous misuse'
trump hates wind power and wind mills. Many nations are using this source of power to lessen the need for oil. trump sued to block this project and lost in court. Now, trump is using taxpayers money to cancel a very valuable wind power project.
Taxpayers to fork out B to block Trump's pet obsession: 'Outrageous misuse'
— ðð I Voted For Her ðð (@bluedotnd.bsky.social) 2026-03-27T15:34:40.458Z
www.rawstory.com/trump-admini...
https://www.rawstory.com/trump-administration-will-pay-1b-to-block-2-offshore-wind-farms/
The U.S. government will pay a French energy firm nearly $1 billion to cancel its plans to build a pair of wind farms off the East Coast, the Trump administration announced Monday in its latest move to stymie offshore wind.
The French firm TotalEnergies will forfeit its leases for projects off the coasts of New York and North Carolina, with the United States paying $928 million to reimburse what the company initially spent on the leases.
Under the deal, TotalEnergies will reinvest that money into oil and gas projects, including a liquefied natural gas export facility in Texas.
President Donald Trump has repeatedly vowed to block the development of offshore wind projects, which many East Coast states have been counting on to meet their energy needs in the coming years. The projects canceled under the deal announced Monday would have provided power to more than 1 million homes.
Late last year, the Trump administration invoked classified national security threats to stop work on five wind farms that were under construction, but courts have ruled that the projects can proceed. But for dozens of other projects still in the planning and permitting stages, industry experts expect little progress while Trump remains in office.
The French firm TotalEnergies will forfeit its leases for projects off the coasts of New York and North Carolina, with the United States paying $928 million to reimburse what the company initially spent on the leases.
Under the deal, TotalEnergies will reinvest that money into oil and gas projects, including a liquefied natural gas export facility in Texas.
President Donald Trump has repeatedly vowed to block the development of offshore wind projects, which many East Coast states have been counting on to meet their energy needs in the coming years. The projects canceled under the deal announced Monday would have provided power to more than 1 million homes.
Late last year, the Trump administration invoked classified national security threats to stop work on five wind farms that were under construction, but courts have ruled that the projects can proceed. But for dozens of other projects still in the planning and permitting stages, industry experts expect little progress while Trump remains in office.
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
30 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
US to pay almost $1bn to French energy company to kill wind project plan [View all]
muriel_volestrangler
Mar 23
OP
Another ignorant decision by Trump and the Oil Cabal leading him around by the nose
gohuskies
Mar 23
#5
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
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
Hey! Look TSA, the Felon has at least $1 billion to give the French to stop clean renewable energy.
Buddyzbuddy
Mar 24
#20
Taxpayers to fork out $1B to block Trump's pet obsession: 'Outrageous misuse'
LetMyPeopleVote
Sunday
#24
Chump has declared bankruptcy 6 times, and he's working on his biggest one ever!
FakeNoose
Wednesday
#29