President Trump signed an executive order that temporarily halts offshore wind lease sales in federal waters and suspends the issuance of approvals and loans for wind projects. The order mandates an assessment of the environmental impact of wind projects, their economic implications, and the influence of subsidies on their viability. Trump's administration aims to shift focus towards fossil fuel production, indicating a preference for oil and gas over renewable energy sources like wind power, which currently makes up about 10% of U.S. electricity generation.
Trump's order halts offshore wind lease sales and pauses approvals for wind projects, reviewing their environmental impact and economic viability.
The executive order reflects Trump's commitment to fossil fuels over renewable energy, targeting a dramatic shift in U.S. energy policy.
Collection
[
|
...
]