Summary
President Donald Trump's administration cancelled $679 million in federal funding for offshore wind projects in the U.S., affecting 12 planned projects. This decision is part of a wider focus on fossil fuels and deregulation. The move reverses green energy initiatives from the previous administration.
Key Facts
- $679 million in federal funding for offshore wind projects has been cancelled by the Trump administration.
- The cancellations impact 12 offshore projects, including a $427 million project in California.
- The funding was initially awarded during former President Joe Biden's administration to boost green energy.
- The decision is aimed at reprioritizing fossil fuels, according to the Trump administration.
- Notable cancellations include a $47 million grant in Maryland and a $48 million project in New York.
- The decision affects ongoing projects, with Massachusetts losing a $33 million grant, risking 800 construction jobs.
- Trump's administration halted construction of another wind farm off Rhode Island and Connecticut due to national security concerns.
- Trump has been critical of renewable energy, particularly wind power, calling it expensive and inefficient.
