Trump administration's latest buyback of offshore wind leases brings total to nearly $4 billionAn offshore wind company said Thursday that it reached a $1.2 billion settlement with the Trump administration to walk away from projects under development off New York, California and Louisiana. It does not have any remaining U.S. offshore wind leases. President Donald Trump, who often talks about his hatred of wind power, has said his goal is to not let any “windmills” be built. The Republican administration has been buying back offshore wind leases from energy companies as it seeks to discourage the expansion of wind energy in favor of fossil fuels. The administration adopted this strategy after federal courts thwarted Trump’s efforts to stop offshore wind development through executive action.