{"id":1907337,"date":"2026-04-28T15:02:16","date_gmt":"2026-04-28T12:02:16","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=1907337"},"modified":"2026-04-28T15:02:16","modified_gmt":"2026-04-28T12:02:16","slug":"trump-administration-is-paying-more-companies-to-abandon-offshore-wind-projects","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=1907337","title":{"rendered":"Trump administration is paying more companies to abandon offshore wind projects"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/qhdeQAOrh.vd345l93vKYA&#8211;\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD05MDA-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2026-04\/2814c1b0-4311-11f1-bbbc-d38dc78cd5ed&#8221;]<\/p>\n<article id=\"article-04f76f39-f73b-4259-b1cc-34c5c8c5443c\">\n<div>\n<div class=\"mx-auto md:px-10 md:max-w-[1220px]\">\n<nav class=\"prestige-breadcrumb relative mx-4 md:mx-0\" aria-label=\"breadcrumbs\">\n<ol class=\"no-scrollbar overflow-scroll whitespace-nowrap text-battleship\">\n<li class=\"inline\">\n<li class=\"inline-block cursor-default last:pr-10 md:last:pr-20 font-bold\">Science<\/li>\n<\/ol>\n<\/nav>\n<header class=\"mb-4 px-4 md:mb-6 md:px-0\">\n<h1 class=\"layout-h1 my-2 font-bold leading-tight\">Trump administration is paying more companies to abandon offshore wind projects<\/h1>\n<h2 class=\"my-2 text-[18px] font-light leading-5 md:max-w-[660px] md:text-[20px]\/[28px]\">The firms have agreed to direct their reimbursements towards fossil fuels instead.<\/h2>\n<div class=\"flex-col items-start lg:flex lg:flex-row lg:items-center lg:justify-between mt-6\">\n<div class=\"relative md:mr-[10px]\">\n<div class=\"flex items-center\">\n<div class=\"flex mr-2\">\n<div class=\"shrink-0 cursor-pointer inline-block size-[42px] lg:size-[48px]\"><img decoding=\"async\" alt role=\"img\" loading=\"lazy\" class=\"size-full rounded-full object-cover object-center shadow-[0_0_0_2px_#ffffff]\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/YChffXUPk8V2biuZ34hlag--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTgwO2g9ODA-\/https:\/\/s.yimg.com\/uu\/api\/res\/1.2\/O4XXL8jnNy1MrlJms5PXaA--~B\/aD02MDA7dz02MDA7YXBwaWQ9eXRhY2h5b24-\/https:\/\/d29szjachogqwa.cloudfront.net\/images\/user-uploaded\/mattateauthorimage.jpg\"><\/div>\n<\/div>\n<div class=\"inline-block\">\n<div class=\"w-max text-sm\/5 font-semibold lg:!flex flex items-center\">\n<div class=\"flex flex-col\">\n<div class=\"flex w-max items-center\">Matt Tate<\/div>\n<p><span class=\"font-normal sm:before:inline-block\">Contributing reporter<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"lg:hidden\">\n<div class=\"text-xs text-dolphin dark:text-shark md:text-sm\/5 pt-4\">\n<div class=\"inline-block\"><time datetime=\"2026-04-28T15:02:16.000Z\">Tue, April 28, 2026 at 3:02 PM UTC<\/time><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ml-0 mt-4 flex items-center lg:ml-3 lg:mt-0\">\n<div class=\"ml-0 mr-2\">\n<div class=\"relative flex\">Add Engadget on Google<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"hidden lg:block\">\n<div class=\"text-xs text-dolphin dark:text-shark md:text-sm\/5 pt-4\">\n<div class=\"inline-block\"><time datetime=\"2026-04-28T15:02:16.000Z\">Tue, April 28, 2026 at 3:02 PM UTC<\/time><\/div>\n<\/div>\n<\/div>\n<\/header>\n<\/div>\n<div class=\"grid grid-cols-1 gap-x-8 lg:gap-x-0 mx-auto md:px-10 md:max-w-[1220px] md:grid-cols-[[main-start]_1fr_[main-end_right-start]_min-content_[right-end]] lg:!gap-x-8\">\n<div class=\"md:col-main\" data-i13n-boundary=\"true\">\n<div>\n<div>\n<div class=\"grid grid-cols-[[fullbleed-start_body-start]_minmax(auto,750px)_[body-end_fullbleed-end]]\">\n<figure class=\"relative col-body mb-4\">\n<div class=\"relative overflow-hidden fig-image-round left-1\/2 w-screen -translate-x-1\/2 md:left-0 md:w-auto md:translate-x-0\"><img decoding=\"async\" alt class=\"object-cover object-center\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/wjbmy7NisPEkERNiyihZ0A--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyNDI7aD05MzI-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2026-04\/2814c1b0-4311-11f1-bbbc-d38dc78cd5ed\"><\/div><figcaption class=\"relative text-[0.875rem]\/[1.25rem] figure-caption mt-1 line-clamp-2 mt-2.5 md:mt-2 pr-2.5\">\n<div><span>STRF\/STAR MAX\/IPx<\/span><\/div>\n<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<div class=\"grid grid-cols-article-mobile md:grid-cols-article lg:max-w-[750px] drop-cap\" data-article-body=\"true\">\n<p class=\"col-body mb-4 leading-7 text-[18px] md:leading-8 break-words min-w-0 charcoal-color\">The Trump Administration has signed deals with two major energy companies to abandon their respective offshore wind farms, with both firms agreeing to invest in oil and gas projects instead.<\/p>\n<p class=\"col-body mb-4 leading-7 text-[18px] md:leading-8 break-words min-w-0 charcoal-color\">The separate agreements were detailed in a <ins>press release<\/ins> from the Interior Department, which named Bluepoint Wind and Golden State Wind as the companies that have voluntarily agreed to end their current leases for a combined $885 million. Both firms have also said they don\u2019t intend to pursue any new offshore wind projects in the US going forward.<\/p>\n<p class=\"col-body mb-4 leading-7 text-[18px] md:leading-8 break-words min-w-0 charcoal-color\">Bluepoint Wind is an early-stages wind farm located off the coast of New Jersey and New York, while Golden State Wind, which is similarly in its infancy, is off California\u2019s central coast. The government will provide dollar-for-dollar reimbursements of what each lease cost when they were agreed under the Biden administration, which Interior Secretary Doug Burgum said were &#8220;only viable when propped up by massive taxpayer subsidies.&#8221;<\/p>\n<div class=\"col-fullbleed mb-4 bg-marshmallow pb-5 dark:bg-ramones md:invisible md:mb-0 md:h-0 md:overflow-hidden md:pb-0\">\n<div class=\"py-2 text-center text-xs uppercase\">Advertisement<\/div>\n<div class=\"flex w-full flex-nowrap justify-center\">\n<div class=\"flex\" id=\"_R_lh9nam95feiv5tilbH1_\">\n<div class=\"flex size-full items-center justify-center bg-marshmallow text-center leading-3\">Advertisement<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-body mb-4 hidden pb-5 dark:bg-ramones md:block\">\n<div class=\"flex w-full flex-nowrap justify-center\">\n<div class=\"flex\" id=\"_R_15h9nam95feiv5tilbH1_\">\n<div class=\"flex size-full items-center justify-center bg-marshmallow text-center leading-3\">Advertisement<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"col-body mb-4 leading-7 text-[18px] md:leading-8 break-words min-w-0 charcoal-color\">Global Infrastructure Partners (GIP), which co-owns Bluepoint Wind with Ocean Winds, will invest up to $765 million into a liquefied natural gas (LNG) facility in the US. Ocean Winds is also one half of the 50\/50 partnership that owns Golden State Wind, which will recover approximately $120 million in lease fees after investing in further oil and gas projects along the Gulf Coast.<\/p>\n<p class=\"col-body mb-4 leading-7 text-[18px] md:leading-8 break-words min-w-0 charcoal-color\">The deals are similar in structure to the one the Trump administration <ins>agreed<\/ins> last month with French energy giant TotalEnergies, reaffirming the government\u2019s seemingly unwavering commitment to outright <ins>rejecting<\/ins> clean energy in favor of doubling down on fossil fuels. Meanwhile, the accuracy of President Trump\u2019s claims about climate change and the cost of renewable energy <ins>continues<\/ins> to be challenged.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"md:col-main grid grid-cols-article-mobile md:grid-cols-article lg:max-w-[750px]\">\n<div class=\"no-scrollbar col-body mx-4 mb-8 mt-2.5 overflow-x-scroll whitespace-nowrap md:mx-0 md:max-w-[750px] md:overflow-x-visible md:hidden\">\n<div class=\"mx-auto max-w-screen-sm\">\n<ul class=\"inline-flex text-xs md:text-sm\">\n<li class=\"mr-6\">About our ads<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<div class=\"grid grid-cols-article-mobile md:grid-cols-article lg:max-w-[750px] drop-cap\" data-article-body=\"true\">\n<p class=\"col-body mb-4 leading-7 text-[18px] md:leading-8 break-words min-w-0 charcoal-color\">The Trump Administration has signed deals with two major energy companies to abandon their respective offshore wind farms, with both firms agreeing to invest in oil and gas projects instead.<\/p>\n<p class=\"col-body mb-4 leading-7 text-[18px] md:leading-8 break-words min-w-0 charcoal-color\">The separate agreements were detailed in a <ins>press release<\/ins> from the Interior Department, which named Bluepoint Wind and Golden State Wind as the companies that have voluntarily agreed to end their current leases for a combined $885 million. Both firms have also said they don\u2019t intend to pursue any new offshore wind projects in the US going forward.<\/p>\n<p class=\"col-body mb-4 leading-7 text-[18px] md:leading-8 break-words min-w-0 charcoal-color\">Bluepoint Wind is an early-stages wind farm located off the coast of New Jersey and New York, while Golden State Wind, which is similarly in its infancy, is off California\u2019s central coast. The government will provide dollar-for-dollar reimbursements of what each lease cost when they were agreed under the Biden administration, which Interior Secretary Doug Burgum said were &#8220;only viable when propped up by massive taxpayer subsidies.&#8221;<\/p>\n<div class=\"col-fullbleed mb-4 bg-marshmallow pb-5 dark:bg-ramones md:invisible md:mb-0 md:h-0 md:overflow-hidden md:pb-0\">\n<div class=\"py-2 text-center text-xs uppercase\">Advertisement<\/div>\n<div class=\"flex w-full flex-nowrap justify-center\">\n<div class=\"flex\" id=\"_R_lh9nam95feiv5tilbH1_\">\n<div class=\"flex size-full items-center justify-center bg-marshmallow text-center leading-3\">Advertisement<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-body mb-4 hidden pb-5 dark:bg-ramones md:block\">\n<div class=\"flex w-full flex-nowrap justify-center\">\n<div class=\"flex\" id=\"_R_15h9nam95feiv5tilbH1_\">\n<div class=\"flex size-full items-center justify-center bg-marshmallow text-center leading-3\">Advertisement<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"col-body mb-4 leading-7 text-[18px] md:leading-8 break-words min-w-0 charcoal-color\">Global Infrastructure Partners (GIP), which co-owns Bluepoint Wind with Ocean Winds, will invest up to $765 million into a liquefied natural gas (LNG) facility in the US. Ocean Winds is also one half of the 50\/50 partnership that owns Golden State Wind, which will recover approximately $120 million in lease fees after investing in further oil and gas projects along the Gulf Coast.<\/p>\n<p class=\"col-body mb-4 leading-7 text-[18px] md:leading-8 break-words min-w-0 charcoal-color\">The deals are similar in structure to the one the Trump administration <ins>agreed<\/ins> last month with French energy giant TotalEnergies, reaffirming the government\u2019s seemingly unwavering commitment to outright <ins>rejecting<\/ins> clean energy in favor of doubling down on fossil fuels. Meanwhile, the accuracy of President Trump\u2019s claims about climate change and the cost of renewable energy <ins>continues<\/ins> to be challenged.<\/p>\n<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.engadget.com\/science\/trump-administration-is-paying-more-companies-to-abandon-offshore-wind-projects-150216769.html&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/qhdeQAOrh.vd345l93vKYA&#8211;\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD05MDA-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2026-04\/2814c1b0-4311-11f1-bbbc-d38dc78cd5ed&#8221;] Science Trump administration is paying more companies to abandon offshore wind projects The firms have agreed to direct their reimbursements towards fossil fuels instead. Matt Tate Contributing reporter Tue, April 28, 2026 at 3:02 PM UTC Add Engadget on Google Tue, April 28, 2026 at 3:02 PM UTC STRF\/STAR MAX\/IPx The Trump [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[226,63],"class_list":["post-1907337","post","type-post","status-publish","format-standard","hentry","category-politics","tag-crawlmanager","tag-engadget-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1907337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1907337"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1907337\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1907337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1907337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1907337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}