Wednesday, 13 May 2026

TRUMP FINDS A NEW WAY TO STOP NEW OFFSHORE WIND PROJECTS

Here;s the new Plan B.

The administration enters into legal settlements with the wind farm developers, whereby the government pays the developers substantial sums of money to walk away from the projects. Oh, and as a kicker, the settlements require the developers to reinvest the settlement funds in oil and gas projects in the U.S. The first such settlement was entered into with the French developer Total Energies in March, and then in late April the administration concluded two more such settlements with other developers. 

 Trump’s Plan B targets offshore wind with strategic settlements

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