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Democrats probe as Trump OKs nearly $2 bn payout to end wind projects | Collector
Democrats probe as Trump OKs nearly $2 bn payout to end wind projects
Business Standard

Democrats probe as Trump OKs nearly $2 bn payout to end wind projects

The Trump administration is spending nearly $2 billion to get energy companies to walk away from US offshore wind projects. Democrats in Congress are investigating. The Republican administration adopted this strategy after federal courts thwarted President Donald Trump's efforts to stop offshore wind development through executive action. Three agreements have been announced. US Reps. Jared Huffman of California, the top Democrat on the House Natural Resources Committee, and Jamie Raskin, the ranking Democrat on the House Judiciary Committee, are demanding information about the first and largest of the three. Under a deal made public in March, French company TotalEnergies is getting $1 billion - essentially a refund of its leases for offshore wind projects off North Carolina and New York- if it invests the money in fossil fuel projects instead. Huffman said that is a "scam" and the administration is going to "light a lot of federal taxpayer money on fire if we let them." In a letter

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