The White House is reportedly preparing to pay nearly $1 billion to an energy giant to abandon major offshore wind projects, moving from legal challenges to direct financial settlements.
After federal judges blocked five previous attempts by the Trump administration to halt wind farms currently under construction along the East Coast, senior officials are now drafting agreements to pay TotalEnergies to walk away from its leases. According to documents reviewed by The New York Times, the proposed settlements would see the Justice Department pay more than $928 million to the French energy firm.
