The Hill
The Trump administration will pay two energy companies to abandon their offshore wind ambitions and invest in fossil fuels instead.
The Interior Department announced on Monday that it would issue a refund to Global Infrastructure Partners, which is part of BlackRock and Golden State Wind, for the money they paid for the opportunity to build offshore wind if they give up their wind leases and invest in fossil energy.
The news comes after the department announced a similar agreement with TotalEnergies last month and is part of the administration’s broader crusade against wind energy.
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