The High Cost of Canceling Offshore Wind in the United States

Donald Trump’s hatred for wind farms reached a new peak this week. The President announced that the United States will pay $1 billion in taxpayer dollars to a French company to not build planned wind farms in leased federal waters off the coast of New York and North Carolina. Together, those wind projects would have supplied more than 4 gigawatts of clean electricity for households and businesses in the United States. Under the unusual deal, the French energy giant TotalEnergies would abandon its planned wind farms and annul the lease deal…