Story perspectives

Trump Approves $885M Payout, Threatening U.S. Offshore Wind Goal

4/29/2026

Summary

Story summary

President Donald Trump approved $885 million for Bluepoint Wind, Golden State Wind to abandon leases in New Jersey, New York and California.
Rep. Jared Huffman and Rep. Jamie Raskin called the payout outrageous, unlawful, demanding explanation.
Interior Secretary Doug Burgum said industry relies on subsidies and that the cancelled projects would have generated up to 2.4 GW and 2 GW of power—enough for about 1.1 million homes—jeopardizing U.S. 25 GW offshore wind goal by 2045.

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Story summary

President Donald Trump approved $885 million for Bluepoint Wind, Golden State Wind to abandon leases in New Jersey, New York and California.
Rep. Jared Huffman and Rep. Jamie Raskin called the payout outrageous, unlawful, demanding explanation.
Interior Secretary Doug Burgum said industry relies on subsidies and that the cancelled projects would have generated up to 2.4 GW and 2 GW of power—enough for about 1.1 million homes—jeopardizing U.S. 25 GW offshore wind goal by 2045.