Golden State Wind

California plans to sue the Trump administration over its deal to terminate an offshore wind project off the state’s central coast, arguing it undermines clean energy goals. The state aims to develop 25 gigawatts of offshore wind energy by 2045 but claims the administration’s buyback of leases for Golden State Wind and another project jeopardizes these plans. The Trump administration is promoting fossil fuels and geothermal energy through lease buybacks, while California criticizes the move as a setback for innovation and climate progress.

California intends to sue the Trump administration over its deal to end an offshore wind project, Golden State Wind, off the state's central coast. The administration is buying back leases for offshore wind projects to redirect investments toward fossil fuels, jeopardizing California's 25 gigawatt offshore wind energy goal by 2045.

California plans to sue the Trump administration over its deal to terminate an offshore wind project, arguing the move jeopardizes the state's clean energy goals. The administration bought back the lease for Golden State Wind, a floating offshore wind project, and is shifting investments toward fossil fuels. California has committed to developing 25 gigawatts of offshore wind energy by 2045.

The Trump administration is purchasing Invenergy's four offshore wind leases for $765 million to redirect funds to fossil fuel projects. Invenergy will invest in natural gas and geothermal energy instead of the offshore wind projects off Maine, California, and New Jersey coasts. This follows similar deals with TotalEnergies and Golden State Wind/Bluepoint Wind to halt offshore wind development.

The Trump administration has acquired Invenergy's four offshore wind leases for $765 million, redirecting funds to natural gas and geothermal projects. This follows previous deals totaling nearly $2.6 billion to halt offshore wind development and support fossil fuels.

The Trump administration is buying back Invenergy's four offshore wind leases for $765 million, redirecting funds to fossil fuel projects. This brings total spending on such agreements to nearly $2.6 billion, with similar deals involving TotalEnergies and Golden State Wind/Bluepoint Wind. The administration aims to shift investments toward natural gas and geothermal energy.

U.S. Rep. Deborah Ross and other Democrats accuse the Trump administration of bribing companies to exit offshore wind projects by offering nearly $2 billion in payouts, which they claim favors fossil fuel interests and violates federal law. The administration denied the allegations, stating refunds were for money paid to the government.

The Trump administration will refund two energy companies for offshore wind projects to redirect investments toward fossil fuels. The Interior Department announced the move, involving Global Infrastructure Partners (linked to BlackRock) and Golden State Wind.