"The agreement marks the latest blow by the Trump administration against the U.S. offshore wind industry."

"HOUSTON — The Trump administration reached a nearly $1 billion agreement with French energy giant TotalEnergies on Monday to cancel its offshore wind leases off the coasts of New York and North Carolina.

The announcement marks the latest blow by the Trump administration against the U.S. offshore wind industry, particularly in the Northeast, after it faced a series of recent legal losses.

“The era of taxpayers subsidizing unreliable, unaffordable and unsecured energy is officially over,” Interior Secretary Doug Burgum told reporters at the CERAWeek by S&P Global conference in Houston.

As part of the agreement, the Interior Department would terminate the leases for TotalEnergies’ Attentive Energy and Carolina Long Bay projects, worth $928 million, the department said. The lease sales occurred during the Biden administration."

Kelsey Tamborrino reports for E&E News March 23, 2026. [2]

SEE ALSO:

"‘Colossal Waste’: New York Republicans Roast Trump’s Offshore Wind Payout" (E&E News) [3]