{
  "id": 276933,
  "title": "Trump administration spends another $1.2 billion to kill offshore wind farm projects",
  "url": "https://urgent.news/2026/08/07/trump-administration-spends-another-1-2-billion-to-kill-offshore-wind",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-07T18:04:19.000Z",
  "source": {
    "name": "Engadget",
    "slug": "engadget",
    "url": "https://www.engadget.com/2232653/trump-administration-spends-another-1-2-billion-to-kill-offshore-wind-farm-projects/"
  },
  "original_language": "en",
  "account": "The Trump administration has allocated an additional $1.2 billion to terminate offshore wind farm initiatives, marking the fifth instance of such actions by the administration. This sum, drawn from the Department of the Interior and taxpayer funds, will be utilized to cancel wind projects near New York, California, and Louisiana. As part of the agreement, RWE, a German energy firm, will invest $900 million to acquire a 16 percent stake in a Louisiana liquified natural gas (LNG) project run by the Australian company Woodside Energy.\n\nAdditionally, RWE has committed $300 million towards the development of 15 natural gas peaker plants across the country. Woodside Energy's COO, Daniel Kalms, has even referred to the body of water adjacent to Louisiana as the \"Gulf of America.\" This peculiar statement is unlikely to resonate with an international audience. RWE's acquisition of the New York lease was initially procured under the Biden administration for approximately $1.1 billion, while the California and Louisiana leases were bought for around $163 million. When considering inflation, it appears that RWE will benefit financially from this arrangement.\n\nThe settlement settles RWE US Offshore's legal claims and provides $1.22 billion in settlement funds, allowing the company to redirect resources towards energy projects that can be pursued with certainty. Interior Secretary Doug Burgham hailed the administration's appreciation for RWE's voluntary investment in projects that bolster national energy security. However, this expenditure has now reached $4 billion, according to Rep. Mike Levin, as the administration continues to pay companies to discontinue renewable energy projects. In total, the government has spent around $4 billion of taxpayers' money to undermine green energy projects. Trump's administration has also spent approximately $1.1 billion to bolster coal-based energy projects, which critics argue enrich the pockets of his allies.",
  "summary": "This is the fifth such deal in which the president and his team has paid big to cancel a green energy contract.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "TechCrunch",
        "title": "Trump administration has spent nearly $4B to cancel offshore wind farms",
        "url": "https://urgent.news/2026/08/07/trump-administration-has-spent-nearly-4b-to-cancel-offshore-wind-farms",
        "published": "2026-08-07T15:11:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}