Total Redirects $1B From Wind to Texas LNG Project: Texas Brief

CERAWeek: Total Dumps Wind for Texas LNG

The Trump administration has released French energy giant TotalEnergies from a $1 billion commitment in offshore wind leases, with the investment to be redirected to an under-construction Rio Grande LNG plant and other oil and gas activities in the US, Interior Secretary Doug Burgum announced at CERAWeek.

Total — the largest exporter of US LNG — is no longer required to develop wind farms off the coasts of New York, New Jersey, and North Carolina. This move aligns with President Donald Trump’s efforts to roll back Biden-era climate policies and champion fossil fuels. ...