White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects
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Source: CNBC
Published: 2026-03-24 18:26 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Energy, Labour & Workers, Food & Agriculture, US Politics, Business & Economy
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Snippet:
The White House has agreed to pay TotalEnergies $1 billion to shelve East Coast wind farm projects that it condemned as "costly," with the French energy giant's investment set to be diverted into U.S. LNG production instead.
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