
US Pays German Firm $1.2 Billion to Halt Offshore Wind Projects
The United States has struck a $1.2 billion deal to pay German energy company RWE to abandon its offshore wind farm projects. This move is part of an effort to promote mineral projects and counter China, despite some viewing it as aiding a golden age for renewable energy.
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US strikes $1.2bn deal to pay German firm to halt offshore wind projects
The RWE payout is the latest in a string of deals cancelling wind energy projects, a power source long derided by Trump.
Read full article →Trump Touts $3 Billion in Minerals Projects to Counter China
President Donald Trump touted $3 billion in US investments in critical minerals mining at a meeting Friday with top industry executives aimed at weaning the US off supply chains dominated by China.
By Joe Deaux and Jeff Mason
Read full article →Trump Is Aiding a Golden Age for Renewable Energy
Given America’s political environment, you would be forgiven for thinking the country has slipped into a dark age of energy recidivism; burning oil, gas and coal left and right; and tossing wind and solar farms on the scrap heap.
By Mark Gongloff
Read full article →US to pay German energy company $1.2 billion to abandon offshore wind farm project
The Trump administration is prioritizing investment in natural gas over offshore wind energy The post US to pay German energy company $1.2 billion to abandon offshore wind farm project appeared first on ProtoThema English.
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