Kill the Planet
Ah, what a refreshing thought to know how much Presidunce Trunt wants to destroy the environment…
Continuing its strategy of canceling offshore wind projects by buying back the leases in exchange for other energy investments (in other words, oil – ed), the Department of the Interior announced its third agreement. The administration has committed nearly $2.6 billion to canceling offshore wind leases even as the strategy is being challenged in court and by regulators.
Invenergy will voluntarily terminate four offshore wind leases it purchased in the past from the government and will redirect the investments toward other domestic energy sources, said the Department of the Interior. It valued the four leases at $765 million for one lease in the New York Bight for a New Jersey wind farm, two for floating offshore wind farms in Maine, and one off the coast of California. More here.
