Trump administration is paying more companies to abandon offshore wind projects

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. The separate agreements were detailed in a press release 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’t intend to pursue any new offshore