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Trump hates offshore wind so much that he’s using taxpayer money for billion-dollar settlements to kill projects
['Jennifer Mcdermott', 'The Associated Press']
Fortune | FORTUNE
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.
RWE announced it is investing $900 million in a liquefied natural gas project in Louisiana and spending $300 million on natural gas turbines.
The administration adopted this strategy after federal courts thwarted Trump’s efforts to stop offshore wind development through executive action.