Report: Trump's Offshore Wind Settlement Channels $900M to Donor's LNG Project
The Washington Post reports that the Trump administration's $1.2 billion deal with RWE to cancel offshore wind projects includes a $900 million payment to buy a stake in a Louisiana LNG project from an Australian billionaire who donated to Trump's campaign. Sierra Club calls the arrangement corruption and says it will raise energy costs while ignoring climate threats. This is the fifth such payout to sink offshore wind, according to the article.
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This summary is AI-generated and original to Mobble; the linked article is the authoritative source.
Original headline: “Trump’s Secret Offshore Wind Payout Benefits Billionaire Donor.” Browse more stories.