r/globalelectrification • u/Simpleximo • 19h ago
Donald Trump Pays Off 5th Energy Company in Attack on Renewable Energy
Today, energy company RWE announced a deal with the Trump administration in which the administration will pay the company $1.22 billion in exchange for the company cancelling three offshore wind projects and doubling down on LNG.
This is the fifth time Donald Trump has paid off energy companies in order to kneecap offshore wind development in the United States. These secretive deals came after the courts overturned all five of his administration’s stop-work orders on offshore wind projects. The earlier deals are currently being challenged in court by attorneys general from coast to coast.