this post was submitted on 24 Mar 2026
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The Trump administration announced it will pay nearly $1 billion to French energy giant TotalEnergies in exchange for the company abandoning plans to build offshore wind farms in the Atlantic Ocean and instead pursue fossil fuel projects in the US.

The current administration has thrown up roadblocks at every turn for offshore wind projects; a type of energy that President Donald Trump has personally reviled for years. After trying and failing to block construction on more mature projects, this announcement is the first sign of a new strategy: The federal government is paying to stop wind farms before they begin.

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[–] frongt@lemmy.zip 3 points 43 minutes ago

If the headline made it sound bad, it's worse:

Instead, TotalEnergies will now spend the money on the development of a new liquified natural gas plant in Texas that will help export US LNG overseas to Europe, CEO Patrick Pouyanné said in a statement. The money will also go towards the company’s development of oil drilling operations in the Gulf of Mexico and shale oil projects elsewhere in the US.

[–] desiccated_event@piefed.blahaj.zone 3 points 48 minutes ago

I am so tired.

[–] nomecks@lemmy.wtf 2 points 48 minutes ago (1 children)

I thought the US was having an energy emergency

[–] protist@retrofed.com 2 points 37 minutes ago

We're kind of not at all having an energy emergency, actually. Most states have pretty diverse energy generation portfolios, so electricity costs are not as responsive to global oil prices as e.g. gasoline for cars. The reality is there's already tons of wind and solar online, and that's going to continue even if Trump tries to stop projects on federally controlled land

[–] ccunning@lemmy.world 5 points 1 hour ago

So glad that “power of the purse” and those “checks and balances” are working as designed.

[–] HootinNHollerin@lemmy.dbzer0.com 1 points 53 minutes ago

ArT oF ThE DeAl

[–] ZiggyTheZygote@lemmy.ca 3 points 1 hour ago
[–] firelight@startrek.website -1 points 1 hour ago

At this point, we all deserve it for not fighting back.