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The U.S. government will pay a French energy firm nearly $1 billion to cancel its plans to build a pair of wind farms off the East Coast, the Trump administration announced Monday in its latest move to stymie offshore wind.

The French firm TotalEnergies will forfeit its leases for projects off the coasts of New York and North Carolina, with the United States paying $928 million to reimburse what the company initially spent on the leases.

Under the deal, TotalEnergies will reinvest that money into oil and gas projects, including a liquefied natural gas export facility in Texas.

President Donald Trump has repeatedly vowed to block the development of offshore wind projects, which many East Coast states have been counting on to meet their energy needs in the coming years. The projects........

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