As Trump buyouts shake offshore wind industry, states hope developers stay in the game

By: Alex Brown

Outlets: Stateline

Published: July 6, 2026

Words: 1,343

Last Updated: 2 weeks, 3 days ago

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President Donald Trump has shown the immense power of the executive branch to stymie offshore wind development, as nearly all projects are in waters where federal agencies operate as the landlord.

Now, as the feds block new permits and dangle billion-dollar buyout offers to convince developers to walk away from their projects, state leaders are hoping some companies share their conviction that the industry can be revived after Trump leaves office.

“Any honest assessment of …

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