Energy · 35 views
Donald Trump Pays Off 5th Energy Company in Attack on Renewable Energy
Washington, D.C. — Today, energy company RWE announced a deal with the Trump administration in which the administration will pay the company $1.22 billion in exchange for the company cancelling three offshore wind projects and doubling…
AI Summary
The Trump administration has entered into a deal with energy company RWE, in which the administration will pay RWE $1.22 billion. In exchange for this payment, RWE will cancel three offshore wind projects and instead focus on increasing its liquefied natural gas (LNG) production. This deal marks the fifth time the Trump administration has paid off an energy company, with the aim of promoting fossil fuels over renewable energy sources.
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