Trump’s $1B offshore wind payout to TotalEnergies sparks legal concerns

March 26, 2026 at 6:30 PM
Maria Gallucci

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The Trump administration’s unusual deal to pay TotalEnergies to abandon its U.S. offshore wind ambitions might not be the last of its kind. Earlier this week, the Interior Department said it would reimburse the French oil giant for nearly $1 billion in lease fees the company paid in 2022 for areas off the coasts of…

The Trump administration’s unusual deal to pay TotalEnergies to abandon its U.S. offshore wind ambitions might not be the last of its kind. Earlier this week, the Interior Department said it would reimburse the French oil giant for nearly $1 billion in lease fees the company paid in 2022 for areas off the coasts of…

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