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U.S. Pays RWE to Kill Gulf Wind Projects | Lafayette Louisiana News
The U.S. government is paying German energy giant RWE over $1.2 billion to scrap its offshore wind projects—including a massive Gulf of Mexico development that could’ve powered 350,000 homes—due to regulatory uncertainty. The deal sidelines Louisiana’s ambitious 2035 goal of 5,000 megawatts of offshore wind, instead redirecting billions toward fossil fuels: a $900 million LNG terminal and $300 million in natural gas turbines near Lake Charles. Environmentalists condemn the move as a betrayal of clean energy, while some still believe wind potential exists—if only political will shifts. Listen…
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