The directive pausing five projects comes as the administration ramps up offshore oil and gas production.
The directive comes as the administration ramps up offshore oil and gas production.
By Reuters
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The administration of United States President Donald Trump has suspended leases on five large-scale offshore wind projects over what it called national security concerns, sending shares of offshore wind companies plunging.
The Trump administration has long opposed wind power, most often citing cost and reliability concerns.
Trump has been hostile to renewable energy, particularly offshore wind, and prioritizes fossil fuels to produce electricity.
Interior Secretary Doug Burgum said the administration paused the projects due to national security concerns identified by the…
Trump and several Cabinet members repeatedly slammed wind power as ugly and expensive during last week's Cabinet meeting.
The wind industry has been in President Donald Trump's crosshairs since his first day in office, but his administration has…
US president’s offshore wind crackdown targets nine projects, imperiling jobs and the clean energy transition
