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US Pays TotalEnergies to Scrap Wind Farms, Boost Oil
Description
The U.S. government is paying TotalEnergies $928 million to abandon offshore wind farm plans in New York and North Carolina, redirecting funds to oil and gas ventures. This move aligns with the Trump administrations efforts to slow down offshore wind development, disappointing states and environmental groups hoping for clean energy supply. Critics argue this deal misuses taxpayer money and hinders reliable renewables, especially amid volatile global oil markets. This action underscores the ongoing conflict between fossil fuels and green energy in America.
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