RWE Walks Away From Wind for Gas | Los Angeles News

RWE just walked away from $1.2 billion in offshore wind projects off New York, California, and Louisiana—paying to ditch them after years of work—and is instead pouring $900 million into a Louisiana LNG project and $300 million into natural gas turbines, part of 15 such fossil fuel bets across the country. This latest deal adds to nearly $4 billion in similar payouts, with Interior Secretary calling it smart energy policy for affordability and reliability, while senators blast it as a corrupt cash-for-fossil-fuel scheme that’ll cost consumers more. States like California are now preparing lawsuits over lost clean energy opportunities. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9692fabc7ae01425 Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Los Angeles News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews