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Washington, D.C. — Today, the Washington Post reported that one of Trump’s recent secret deals to cancel offshore wind projects and bolster fossil fuels will result in a pay day for one of Trump’s million-dollar donors to the tune of $900 million.
In August, the Trump administration announced a deal with German energy company RWE, in which the company will receive $1.2 billion in taxpayer dollars in exchange for the company cancelling its planned offshore wind projects and instead doubling down on expensive, toxic fossil fuels. Today’s reporting showed that out of the $1.2 billion payout, RWE is spending $900 million to purchase a stake in a massive liquefied methane gas (often referred to as LNG) project in Louisiana. The $900 million stake is being purchased from an Australian billionaire who donated a million dollars to Donald Trump’s campaign.
The payout to RWE is the fifth of Donald Trump’s attempts to sink the offshore wind industry by paying off energy companies. Sierra Club has supported lawsuits filed by states challenging the validity of these “settlements”.
