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1 revisions for "Paying to Not Build: Inside the Federal Government's $1.8 Billion Campaign to Kill Offshore Wind"

#1
Anonymousabout 5 hours ago

The Trump administration has committed nearly $1.8 billion in taxpayer funds to pay energy companies to abandon offshore wind leases, affecting projects totaling more than 10 gigawatts of planned capacity. The payments—structured as lease reimbursements contingent on fossil fuel reinvestment—have triggered a Senate investigation over potential Anti-Deficiency Act violations, drawn legal challenges from former Interior officials, and raised questions about billions in stranded infrastructure costs that will ultimately be borne by ratepayers.

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