Geopolitics
Energy Giant Ditches Wind for Gas: A Major US Policy Pivot?
Global energy giant Total Energies is abandoning nearly $1 billion in U.S. offshore wind leases, redirecting funds to natural gas development in Texas. The company cited high costs and potential impacts on consumer energy prices as key reasons for the shift. This decision has drawn support from some groups and raises questions about the future of wind energy in the U.S.