03 Aug 2026

01:41

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Home Blog Washington Plans $1 Billion Deal to Kill Wind Power as Energy Prices Rise

Washington Plans $1 Billion Deal to Kill Wind Power as Energy Prices Rise

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Update date: 2026/03/28

United States President Donald Trump will not stop in his efforts to quash offshore wind energy development, as he offers France’s TotalEnergies almost $1 billion to permanently halt its wind projects. The move follows more than a year of Trump badmouthing wind energy, cutting federal financial support for wind projects, and refocusing energy policy on fossil fuels. Wind contributes around 10 percent of U.S. energy at present, with wind capacity having grown rapidly following the introduction of the Inflation Reduction Act (IRA) and other…

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