{"id":7754,"date":"2026-06-02T16:29:19","date_gmt":"2026-06-02T16:29:19","guid":{"rendered":"https:\/\/stock999.top\/?p=7754"},"modified":"2026-06-02T16:29:19","modified_gmt":"2026-06-02T16:29:19","slug":"new-york-sues-trump-administration-for-refunding-foreign-company-1-billion-to-end-wind-project","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=7754","title":{"rendered":"New York sues Trump administration for refunding foreign company $1 billion to end wind project"},"content":{"rendered":"

<\/p>\n

Under a deal made public in March, French company TotalEnergies is getting $1 billion \u2014 essentially a refund of its leases for offshore wind projects off New York and North Carolina \u2014 if it invests the money in fossil fuel projects instead.<\/p>\n

State attorneys general from Connecticut, Maine, Massachusetts, New Jersey, Rhode Island and Vermont joined New York in challenging the cancellation of the lease off of New York, the larger of the two projects and the bulk of the payout. They say it will harm their states\u2019 economies, energy grids and climate goals.<\/p>\n

\u201cThis administration cooked up a sham deal to pay a foreign energy company hundreds of millions of taxpayer dollars to abandon offshore wind and invest in oil and gas instead,\u201d New York Attorney General Letitia James said in a statement. \u201cWe are fighting back to stop this illegal agreement that threatens to erase over a thousand union jobs and cheat millions of New Yorkers out of clean, affordable energy.\u201d<\/p>\n

New York Gov. Kathy Hochul said she and James will continue to aggressively fight back against President Donald Trump\u2019s \u201covert and never-ending hostility toward offshore wind.\u201d Trump, who often talks about his hatred of wind power, has said his goal is to not let any \u201cwindmills\u201d be built.<\/p>\n

The complaint filed in District Court for the District of Columbia names administration officials, including Interior Secretary Doug Burgum, as defendants, and argues that they canceled the lease without following proper procedures. The states are asking a federal judge to vacate the lease cancellation and settlement agreement with TotalEnergies\u2019 subsidiary, Attentive Energy.<\/p>\n

The Interior Department did not immediately respond to a request for comment Tuesday, but Burgum defended the deal last month during a hearing at the House Natural Resources Committee.<\/p>\n

U.S. Rep. Dave Min, a California Democrat, asked Burgum if it\u2019s appropriate for Interior to send $1 billion to a foreign oil company to stop producing energy, while people are dealing with sky-high utility bills.<\/p>\n

Burgum said TotalEnergies was simply refunded their money, which they have already invested in other energy projects in the U.S.<\/p>\n

\u201cThey essentially gave the U.S. government an interest-free loan and their money was refunded to them,\u201d he said.<\/p>\n

Min said the cancellation of TotalEnergies\u2019 offshore wind leases is a case study on Interior\u2019s \u201ceconomically illiterate and unlawful energy strategy.\u201d<\/p>\n

TotalEnergies purchased the lease off New York and New Jersey, in 2022, for $795 million. This was planned as a larger project, with the potential to generate 3 gigawatts of clean energy to power nearly one million homes. It would have brought $10 billion in savings to ratepayers across New York, with $500 million in savings for low-income households, on electricity bills, according to the complaint filed Tuesday.<\/p>\n

TotalEnergies also purchased a lease for its Carolina Long Bay project in 2022 for about $133 million. It aimed to generate more than 1 gigawatt there, enough to power about 300,000 homes.<\/p>\n

Burgum has said companies were sold a product that was only viable when propped up by massive taxpayer subsidies when they bid for these offshore wind leases in 2022, under former President Joe Biden.<\/p>\n

The Trump administration is\u00a0spending nearly $2 billion\u00a0to get energy companies to walk away from U.S. offshore wind projects. It adopted this strategy after\u00a0federal courts thwarted Trump\u2019s efforts\u00a0to stop offshore wind development through executive action.<\/p>\n

Democrats in Congress are investigating\u00a0the TotalEnergies agreement, and\u00a0California is investigating a deal\u00a0that ended a floating offshore wind project, Golden State Wind, proposed off the state\u2019s central coast.<\/p>\n

Bluepoint Wind also agreed to end its lease for an offshore wind project in the early stages of development off the coasts of New Jersey and New York. Tuesday\u2019s complaint does not challenge this agreement, as the lease has not been canceled yet.<\/p>\n

___<\/p>\n

The Associated Press\u2019 climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP\u2019s\u00a0standards\u00a0for working with philanthropies, a list of supporters and funded coverage areas at\u00a0AP.org.<\/p>\n

#York #sues #Trump #administration #refunding #foreign #company #billion #wind #project<\/p>\n","protected":false},"excerpt":{"rendered":"

Under a deal made public in March, French company TotalEnergies is getting $1 billion \u2014…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[245],"tags":[785,552,865,518,4411,4149,9780,3221,13686,4119,721,4990,10435,3776],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/7754"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7754"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/7754\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}