Why Trump’s $2 billion buyoff to cancel offshore wind farms is a bad deal for American taxpayers and the US energy supply

Communities have been laying the groundwork for offshore energy projects for years and counting on the jobs and energy supply.

By: Christopher Niezrecki, UMass Lowell; Ben Link, Johns Hopkins University, and Zoe Getman-Pickering, UMass Amherst, The Conversation

Outlets: The Conversation

Published: May 8, 2026

Words: 1,465

Last Updated: 2 months, 2 weeks ago

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By Christopher Niezrecki, UMass Lowell; Ben Link, Johns Hopkins University, and Zoe Getman-Pickering, UMass Amherst

The U.S. is in a bizarre situation in 2026: It’s facing a looming energy shortage, yet the Trump administration is making deals to pay offshore wind developers nearly US$2 billion in taxpayer money to walk away from energy projects.

These politically motivated moves are costing Americans far more than just the buyouts.

Communities have been laying the groundwork for …

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