Trump Administration to Pay $1 Billion to Energy Giant to Cancel Wind Farms

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By Maxine Joselow and Brad Plumer, The New York Times. 

Excerpt: The Trump administration will pay the French energy giant TotalEnergies nearly $1 billion to abandon its plans to build wind farms off the East Coast, the Interior Department said on Monday at an energy conference in Houston. ...In exchange, TotalEnergies would invest that money in oil and gas projects in the United States, including a facility in Texas that would export liquefied natural gas to global markets. The company would also commit to producing more oil in the Gulf of Mexico and said it was developing some additional gas-burning power plants to meet rising electricity demand from data centers.... 

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A cool, salty solution

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