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Trump Administration Settles $1B with TotalEnergies, Cancels Wind Farms

3/25/2026

Summary

Trump Cancels Wind Farms

U.S. President Donald Trump’s administration announced a $1 billion settlement with TotalEnergies to cancel two offshore wind farms off New York and North Carolina.
TotalEnergies will receive $928 million for its leases and redirect funds to fossil fuel projects, including an LNG facility in Texas.
Critics, including environmental groups and New York Governor Kathy Hochul, condemned the deal as a misuse of taxpayer dollars and a setback for renewables.

Summary

Senators Negotiate Funding

Senators are negotiating a funding deal for the Department of Homeland Security amid airport chaos caused by TSA officer shortages.
The proposal would fund most of the Department of Homeland Security but exclude Immigration and Customs Enforcement (ICE) enforcement operations, after two U.S. citizens were killed by agents.
U.S. President Donald Trump has signaled willingness to separate ICE funding from the deal, despite linking it to the SAVE America Act.

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Trump Cancels Wind Farms

U.S. President Donald Trump’s administration announced a $1 billion settlement with TotalEnergies to cancel two offshore wind farms off New York and North Carolina.
TotalEnergies will receive $928 million for its leases and redirect funds to fossil fuel projects, including an LNG facility in Texas.
Critics, including environmental groups and New York Governor Kathy Hochul, condemned the deal as a misuse of taxpayer dollars and a setback for renewables.

1 / 2