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U.S. Government Pays $1 Billion to TotalEnergies to Cancel Offshore Wind Leases
The U.S. government is compensating TotalEnergies nearly $1 billion to cancel offshore wind leases off New York and North Carolina. This move shifts energy investment focus from renewables to fossil fuels, sparking debate on future energy policy.
· 59d ago
Democrats Propose Windfall Tax on Oil Giants Amid Iran War Profit Surge
US Democrats propose a windfall tax on major oil firms profiting from the Iran conflict and rising fuel costs. The tax aims to support American families facing financial strain and reduce economic inequality exacerbated by energy price surges.
· 78d ago