White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects

An aerial view of wind turbines at the Altamont Pass wind farm on January 13, 2026 in Livermore, California.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.The U.S.' Department of the Interior (DOI) announced on Monday what it said was "a landmark agreement" with TotalEnergies for the company "to redirect capital from expensive, unrel ...