From the Independent: “Trump Administration to Pay Two More Companies to Walk Away from U.S. Offshore Wind Leases”

From this article in The Independent:

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 have decided not to pursue any new offshore wind projects in the United States, the Interior Department announced Monday.

Bluepoint Wind is an offshore wind project in the early stages of development off the coasts of New Jersey and New York, while Golden State Wind is a floating offshore wind project proposed off California’s central coast.

Trump is hellbent on destroying the renewable energy industry so as to benefit his billionaire friends in fossil fuels.

He’s on course to be remembered as the most destructive person in world history, with the possible exception of Adolph Hitler. We’ll have to wait and see what happens.

 

 

 

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