Developing
Politics·4/29/2026AI summary
Trump Administration Blocks Two US Wind Energy Projects, Pays Companies to Invest in Oil and Gas
The Trump administration blocked two permitted offshore wind projects in California and New Jersey/New York, offering companies lease fee refunds if funds are reinvested in oil and gas. The deals include up to $120m for Golden State Wind and $1bn for a French company's project. The administration frames this as promoting energy security, while critics call it an unlawful use of taxpayer dollars to block clean energy.
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Guardian Business