US strikes $1.2B deal to pay German firm to halt offshore wind projects
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US pays German firm RWE $1.2B to abandon offshore wind projects.
The US Department of the Interior struck a $1.2 billion deal with German energy company RWE to halt its offshore wind projects off California, Louisiana, and the New York Bight. RWE will reinvest the money into conventional gas projects, including $900 million for a Louisiana LNG export terminal. The deal is part of the Trump administration's push to stop offshore wind, following similar agreements with TotalEnergies and Duke Energy. Interior Secretary Doug Burgum said the move ends reliance on "costly subsidies."
What commenters are saying
Commenters overwhelmingly condemn the administration as corrupt and captured by fossil fuel interests. A recurring critique targets the "common sense" rhetoric, arguing it masks lack of expert justification and is used by populist politicians to push simplistic ideas. Some commenters note that all energy sources receive subsidies, and question the logic of paying companies to cancel renewable projects. A few suggest energy independence and cheap power are the real drivers, with one pointing out China's pragmatic mix of solar, nuclear, and coal.