Event Overview
Trump to pay more companies to abandon offshore wind and invest in fossil fuels
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. This cluster currently includes 2 articles from 2 sources.
This cluster currently includes 2 articles from 2 sources. Sources in this event include The Hill, Washington Times.
Left / left-center
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Center
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Right / right-center
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Trump to pay more companies to abandon offshore wind and invest in fossil fuels
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.
Trump administration to pay 2 more companies to walk away from U.S. offshore wind leases
WASHINGTON — The Trump administration announced two more payouts Monday for energy companies to walk away from U.S. offshore wind projects under development. Bluepoint Wind and Golden State Wind have agreed to end their offshore wind leases in exchange for reimbursements totaling nearly $900 million. Both companies.