PolicyThursday, August 6, 2026The Guardian
Trump administration to pay German firm $1.22bn to cut offshore wind leases
The Trump administration has finalized a $1.22 billion agreement with the German energy company RWE, marking the fifth such deal to incentivize energy companies to relinquish offshore wind leases. This move is part of a broader strategy to reshape energy policy by compensating firms for abandoning renewable projects.
