US to pay almost $1bn to French energy company to kill wind project plan
PolicyMonday, March 23, 2026The Guardian

US to pay almost $1bn to French energy company to kill wind project plan

The Trump administration has reached a nearly $1 billion agreement with French energy company TotalEnergies to halt a planned wind energy project, opting to redirect these funds towards oil and gas investments amid rising fossil fuel prices due to the ongoing war in Iran. This decision raises concerns about the long-term commitment to renewable energy development in the U.S. while prioritizing fossil fuel reliance.

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