Trump Should Shove His Hot Air Where the Sun Shines
The Trump administration is purchasing offshore wind leases to cancel four more projects. This includes one project located off the California coast. These moves are part of a broader buyout strategy targeting wind energy.
What changed
The reporting confirms the cancellation of four additional wind projects including one in California.
Live updates
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Trump Administration Scraps More Offshore Wind Projects
confidence 50%The Trump administration is purchasing offshore wind leases to cancel four more projects. This includes one project located off the California coast. These moves are part of a broader buyout strategy targeting wind energy.
Still unconfirmed:
- The Trump administration is buying back offshore wind leases to scrap four additional projects.
- One cancelled offshore wind project is located off the coast of California.
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Trump Administration Pays $765 Million to Cancel Four Wind Projects
confidence 90%The Trump administration is buying back offshore wind leases to scrap four additional projects. One of these cancelled projects is located off the coast of California. These actions are part of a larger buyout program targeting offshore wind energy.
What's confirmed:
- The Trump administration is paying $765 million to cancel four offshore wind projects.
- One of the cancelled wind projects is located off the coast of California.
Still unconfirmed:
- The total cost of the offshore wind buyback program is $2.6 billion.
- The total cost of offshore wind buyout deals has grown to $2.5 billion.