Trump Administration To Pay German Firm $1.2 Billion To Halt US Wind Projects

An anonymous reader quotes a report from the BBC: German energy company RWE has said it will abandon its offshore wind projects in the U.S. after reaching a $1.2 billion payout deal with President Donald Trump's Department of the Interior (DoI). RWE said that it will now reinvest the sum into conventional gas projects, including $900 million in a liquefied natural gas (LNG) export terminal project in Louisiana. "After careful consideration, it was determined there is no path forward to p...