Trump Administration Reaches One Billion Dollar Deal with TotalEnergies to Halt US Wind Projects

The Trump administration reached a $1 billion agreement with TotalEnergies to cancel offshore wind projects along the East Coast.TotalEnergies will receive a reimbursement for leases in New York and North Carolina to reinvest in natural gas projects in Texas.Interior Secretary Doug Burgum praised the agreement for ensuring affordable energy as CEO Patrick Pouyanné focused on European exports.
Published:11h
Timeline
11h23h
Tags
Read more
Discuss