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Trump Administration Offers $928M to Kill Offshore Wind Leases
Key Takeaways
- Trump administration offering TotalEnergies $928M to surrender Carolina offshore wind leases bought for $955M in 2022
- Buyout model avoids legally risky forced cancellations while achieving the same policy outcome
- Sets precedent for how other major lease holders — Equinor, BP, Orsted — may be treated
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DT Editorial Team··3 min read·via utilitydive.com
