Trump administration pays $1.22 billion to kill another wind power project

The U.S. Department of the Interior will pay a German company $1.22 billion to abandon wind power projects and redirect money toward fossil fuels.

The RWE payout is the latest in a string of deals cancelling wind energy projects, a power source long derided by Trump.

The latest agreement brings the total amount spent on similar settlements to nearly $4 billion

The Trump administration is paying yet another company more than $1 billion to give up the rights to produce wind off the U.S. coast, the firm announced Thursday. RWE U.S. Offshore, a subsidiary of German energy company RWE, issued a press release saying it will receive $1.22 billion in settlement funds and give up its

German energy developer RWE has agreed to cancel three offshore wind leases it holds in United States waters after striking a $1.22 billion agreement with the Trump administration to reinvest funds in fossil fuel infrastructure.  With this new deal, the Trump administration is spending nearly $4 billion to stifle wind