CleanTechnica•29 days ago
Trump Tries To Vanquish His Offshore Wind Demons With A Billion-Dollar Bribe
Key Takeaway
Political attempts to disrupt the US offshore wind industry through substantial financial incentives pose significant uncertainty for developers and future renewable energy supply.
AI Summary
- •Former President Trump is reportedly attempting to disrupt the US offshore wind industry.
- •A 'billion-dollar bribe' is cited as a potential financial incentive to persuade TotalEnergies, a major French energy firm, to withdraw from US offshore wind projects.
- •This indicates significant political risk and potential instability for offshore wind project developers and investors.
- •The action suggests an effort to curtail future offshore wind development, which could impact long-term renewable energy supply for large power consumers.
Topics
financingpolicywind
Article Content
US President Donald Trump has failed to stop the US offshore wind industry, but a billion-dollar bribe may tempt the French firm TotalEnergies to back off. The post Trump Tries To Vanquish His Offshore Wind Demons With A Billion-Dollar Bribe appeared first on CleanTechnica .