Trump Administration to Pay $765 Million to Cancel 4 More Wind Projects | It’s the third such deal the Interior Department has struck to pay firms to abandon plans for offshore turbines.
4 months ago by silence7 to c/politics
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@lemmy.world
Welcome to the discussion of US Politics!
Rules:
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I don't like cancelling wind projects but there are some incorrect assumptions when you just read this headline.
The company paid $800M for a lease on federal waters to build the wind turbine. This is more akin to a refund than "pay them not to do this". That, and the money will instead be used to build natural gas power, which is stupid for reasons mentioned in the article.
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