
The United States and TotalEnergies have signed an agreement to end the French company's offshore US wind farm projects and redirect those funds towards fossil fuel production, dealing a blow to the fight against climate change.
US Interior Secretary Doug Burgum made the announcement at the annual CERAWeek conference in Houston on Monday, at an event where he appeared alongside TotalEnergies CEO Patrick Pouyanné, after which both men signed the agreement, worth nearly $1 billion.