US administration will pay TotalEnergies $1 billion to end its offshore wind leases and invest in LNG exports. Critics say the move could make energy even more expensive.
As part of the deal, the company will invest the money in fossil fuel projects instead, the Interior Department said.
In exchange, the French company TotalEnergies would invest in oil and natural gas projects in Texas and elsewhere.
A research team led by the Museum für Naturkunde presents the first evidence that several bat species produce courtship songs in the immediate rotor-swept zone of wind turbines while circling around ...
The agreement announced at CERAWeek in Houston redirects Total's investments toward a Brownsville LNG project owned by ...
A Rhode Island renewable energy company is planning a battery project that would store offshore wind power for use when ...
Speaking at the CERAWeek by S&P Global event in Houston, TotalEnergies chairman and CEO Patrick Pouyanné said he is opting “not to litigate, but to make pragmatic solutions.” ...
The first turbine of the Coastal Virginia Offshore Wind project off the coast of Virginia Beach is generating power for the grid that serves Dominion Energy customers. The turbine, which connected to ...
North Carolina’s 301-mile coastline has been spared from a potential wind project of TotalEnergies by the U. S.
The administration will pay TotalEnergies $1B to end its offshore wind leases and invest in LNG exports. Critics say the move could make energy even ...
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Trump administration will pay a French company $1 billion in taxpayer funds to not build wind farms
The Trump administration announced it will pay nearly $1 billion to French energy giant TotalEnergies in exchange for the ...
The Department of the Interior says a French energy company has agreed to give up two U.S. offshore wind leases and invest in fossil fuel projects instead.
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