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negativeSYS.SOURCE: BBC• 2026-08-07T10:28:55Z

US Government Pays RWE $1.2B to Abandon Offshore Wind Projects Under Trump Administration

#offshore wind#fossil fuels#trump policy

The US government has struck a $1.2 billion deal with German energy company RWE to abandon its offshore wind projects, redirecting investments toward fossil fuel infrastructure like an LNG terminal. This aligns with the Trump administration's broader policy of prioritizing conventional energy sources over renewable initiatives, following similar agreements with other firms.

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