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world Cbc World 2026-03-24

US to Pay $1B to Scrap Offshore Wind Projects

The US government is set to pay a French company $1 billion to abandon its offshore wind leases in the country, amid a campaign against renewable energy.


<img alt="A giant industrial complex is shown at an area on a body of water." height="349" src="https://i.cbc.ca/ais/01f83405-e8eb-46b1-ab5f-3317ea01a1bd,1774347025920/full/max/0/default.jpg?im=Crop%2Crect%3D%280%2C0%2C12288%2C6912%29%3BResize%3D%28620%29" title="A construction barge is loaded pier side at the Dominion Energy Offshore Wind Farm staging area on Feb. 11 in Portsmouth, Va. Dominion Energy hailed the delivery of power beginning Monday to Virginians, but elsewhere, the Trump adminis...

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