RWE’s Billion-Dollar Wind Exit | Baton Rouge News

RWE just coughed up $1.2 billion to the Trump administration to scrap its offshore wind projects off New York, California, and Louisiana—pushing total fossil fuel buyouts to nearly $4 billion. In exchange, the German giant is pivoting to natural gas: $900 million into a Louisiana LNG project and $300 million into turbines, with 15 more gas projects in the pipeline. The move comes after court defeats of executive orders blocking wind energy. Supporters like Interior Secretary Doug Burgum call it “common sense” energy that keeps costs low and secures supply. Critics like Senator Sheldon Whitehouse slam it as a corrupt scam, funneling billions from consumers to fossil fuel donors—and warn other companies like TotalEnergies and Invenergy are already getting similar payouts. States like California plan to sue, as this high-stakes energy chess match reshapes America’s power future. 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/608d8626df73bacd