#RWE

Trump Drops Another $1.2B to Push RWE Out of Offshore Wind, Redirects Cash to LNG and Coal

The U.S. government paid German energy giant RWE over $1.2 billion to cancel offshore wind leases in New York, California, and Louisiana, redirecting the funds toward natural gas and LNG investments. The administration has now spent nearly $4 billion buying its way out of green energy projects.