Summary
The Trump administration has canceled $679 million in funding for offshore wind projects in 11 states. This move is part of a broader effort by the administration to cut support for renewable energy, redirecting funds to other infrastructure projects.
Key Facts
- The Transportation Department canceled $679 million for 12 offshore wind projects.
- Projects in 11 states lost funding, including $435 million for a floating wind farm in California.
- $47 million meant for a Maryland offshore wind project was rescinded.
- The administration plans to use canceled funds for port and infrastructure upgrades.
- Trump aims to promote fossil fuels over renewable energy, calling wind power costly and inefficient.
- The Energy Department withdrew a $716 million loan guarantee for a New Jersey wind project.
- Construction of the Revolution Wind project off Rhode Island and Connecticut was halted for a review.
- Opposition from Democratic officials and union workers has arisen in response to these actions.
