Trump administration to pay French company $1B to drop U.S. offshore wind leases
- Posted on March 23, 2026
- By NPR
- 8 Views
Trump administration to pay French company $1B to drop U.S. offshore wind leases
TotalEnergies has agreed to what's essentially a refund of its leases for projects off the coasts of North Carolina and New York, and will invest the money in fossil fuel projects instead, the Department of Interior announced.
