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Interior Department Cancels Two Offshore Wind Leases, Reimburses Fossil Fuel Firmsupi.com
finance9 days agoDeveloping

Interior Department Cancels Two Offshore Wind Leases, Reimburses Fossil Fuel Firms

The U.S. Interior Department has reached agreements with developers to cancel two offshore wind projects off the East and West Coasts. In exchange for reimbursing lease fees, the companies must invest equivalent amounts in U.S. fossil fuel projects. This follows a similar deal la…

FI
Washington Examiner
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