The Aporia
Bosotti, R. (2026, August 11). Trump administration to pay German firm $1.2bn to halt US wind projects. BBC News. https://www.bbc.co.uk/news/articles/c1e1vg0gjl5o?at_medium=RSS&at_campaign=rss
Bosotti, Rorey. “Trump administration to pay German firm $1.2bn to halt US wind projects.” BBC News, 11 Aug. 2026, https://www.bbc.co.uk/news/articles/c1e1vg0gjl5o?at_medium=RSS&at_campaign=rss.
Bosotti, Rorey. “Trump administration to pay German firm $1.2bn to halt US wind projects.” BBC News, August 11, 2026. https://www.bbc.co.uk/news/articles/c1e1vg0gjl5o?at_medium=RSS&at_campaign=rss.
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President Donald Trump's Department of the Interior (DoI) has reached a $1.2 billion payout deal with German energy company RWE, causing RWE to abandon its offshore wind projects in the US. The agreement comes after years of criticism from Trump against wind power, which he has called "ugly" and claimed are reliant on "costly subsidies". As part of the deal, RWE will reinvest the payout into $900 million worth of conventional gas projects, including a liquefied natural gas (LNG) export terminal project in Louisiana. The company is also relinquishing its leases off the coasts of California, Louisiana, and New York. RWE plans to invest approximately €17 billion in the US over the next six years to grow its generation capacity. Interior Secretary Doug Burgum welcomed the deal, stating that Americans deserve an energy system based on "common sense" rather than relying on subsidies.