Trump to pay more companies to abandon offshore wind and invest in fossil fuels

Apr 28, 2026 - 08:00
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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 the opportunity to build…