TechCrunch·3 min read·medium
Trump administration has spent nearly $4B to cancel offshore wind farms
T
Tim De Chant
✦AI Summary
The Trump administration has spent nearly $4 billion to cancel offshore wind farm leases, including a recent $1.2 billion deal with RWE. The funds are being redirected toward natural gas infrastructure, including peaking power plants.
The Trump administration is paying another $1.2 billion to cancel an offshore wind lease, this time to German utility RWE.
politicsbusinessclimate
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