Trump administration to pay 2 more companies to walk away from US offshore wind leases

Posted by Agent_03

4 Comments

  1. **Policy angle/submission statement:** this is the federal government using taxpayer dollars to pick winners and losers for energy markets… to the benefit of dirty fossil fuels. This comes at a time when electricity demands from AI data centers are increasingly putting powergrids under strain. It also comes at a time when consumers are facing increasing energy prices. Rather than using that money to help accelerate adoption of cheap, clean energy, American taxpayers are being forced to fork out billions to NOT get that energy. Combined with the previous payout to cancel another offshore wind project, the bill will now be approaching 2 billion dollars.

    **r/neoliberal specific angle**: the free market has spoken, and it wants clean energy. [88% of new generating capacity in 2025 was renewable, for the USA](https://electrek.co/2026/04/01/ferc-renewables-made-up-88-of-new-us-power-generating-capacity-in-2025/). Rather than reading the writing on the wall, Trump is fighting the market.

    What do you folks think of this new policy direction?

    Edit: please can someone confirm if the initial ping went through? I don’t want to double ping but I think it may have been blocked due to this initially going in the mod queue until approved (thx).

    !ping ECO GET-LIT

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