07/17/2026 | Press release | Distributed by Public on 07/17/2026 15:38
Trump Actions Will Kill More Than 30,000 Jobs And Raise Energy Costs
Washington, D.C. - Senate Democratic Leader Chuck Schumer (D-NY), and Senators Alex Padilla (D-CA), Brian Schatz (D-HI), Angus King (I-ME), and Martin Heinrich (D-NM) led nine of their colleagues in launching an investigation into the Trump Administration's efforts to kill offshore wind energy projects and seeking answers from four offshore wind companies about the lease buyout agreements.
"These buyouts have been announced amid a larger effort by the Trump Administration to stall wind and solar projects - the energy sources that are cheap, clean, and fastest to bring online - across the country," the Senators wrote. "At a time when gas prices have spiked by an average of more than $1 dollar per gallon due to the President's war in Iran and electricity prices are rising nearly twice as fast as inflation, clean energy offers a critical opportunity to reduce our dependence on fossil fuels and relieve costs for people across the country. Dismantling the burgeoning offshore wind industry now and creating broader uncertainty for investment in cheap, clean energy will have consequences for decades to come."
The Trump Administration has agreed to pay the four companies more than $2.7 billion in taxpayer funding to abandon projects that could have delivered energy to millions of homes and created tens of thousands of jobs up and down the East and West Coasts.
"These projects were poised not only to advance U.S. leadership in clean energy technology and generation capacity, but also to unlock hundreds of millions of dollars in federal and state investment in research and development, port upgrades, workforce development, and community benefit agreements," the Senators continued. "The two Invenergy projects in the Gulf of Maine were expected to help power more than 2 million homes and support over 18,000 jobs. The Leading Light Wind project in the New York Bight was projected to generate more than $3.7 billion in economic development benefits and over 7,000 jobs. The Golden State Wind project off California's Central Coast would have powered 1.1 million homes, created more than 8,000 jobs, and delivered a $30 million commitment to workforce development and supply chain initiatives."
The Senators called on the companies to turn over internal communications and posed a series of questions: whether the Administration had raised legitimate national security concerns, whether the companies had struck a deal with the Department of the Interior involving a pledge to invest in fossil fuel projects, and whether any conditions were attached to the payouts.
The letters were also signed by Senators Richard Blumenthal (D-CT), Chris Coons (D-DE), John Hickenlooper (D-CO), Ed Markey (D-MA), Adam Schiff (D-CA), Chris Van Hollen (D-MD), Peter Welch (D-VT), Ron Wyden (D-OR), and Elizabeth Warren (D-MA).
Read the full text of the letters here and below:
Dear [TotalEnergies, Ocean Winds, Duke Energy, Invenergy]:
We write to express deep concern with your company's voluntary termination of [nine] leases to develop offshore wind energy in the United States. Over the last few months, President Trump's Administration has agreed to pay companies, including [TotalEnergies, Ocean Winds, Duke Energy, Invenergy], a total of more than $2.7 billion in taxpayer dollars to abandon projects that could have delivered energy to communities spanning from California to North Carolina to Maine. We are concerned that these decisions will harm grid reliability, job opportunities, and economic development in states across the country, and we request your response to several inquiries.
Since March, 2026, the Department of the Interior (DOI) and the Department of Justice (DOJ) have announced agreements to terminate eight leases for offshore wind projects, including TotalEnergies' leases for Attentive Energy in the New York Bight and Carolina Long Bay; Ocean Winds' leases for Bluepoint Wind in the New York Bight and Golden State Wind off Morro Bay in California; and Invenergy's leases in the New York Bight, Gulf of Maine, Morro Bay in California's Central Coast, and Duke Energy's lease in the Carolina Long Bay. The Trump Administration agreed to reimburse companies for their leases in exchange for investments in oil, gas, and geothermal projects that, in large part, will be hundreds of miles away from the states that were planning for these offshore wind projects. In total, the Trump Administration's agreements could result in the loss of more than 15 GW of planned, fixed-price clean energy, which would have helped meet increasing energy demand in regions such as New England and the Mid-Atlantic that are already facing supply constraints.
These projects were poised not only to advance U.S. leadership in clean energy technology and generation capacity, but also to unlock hundreds of millions of dollars in federal and state investment in research and development, port upgrades, workforce development, and community benefit agreements. The two Invenergy projects in the Gulf of Maine were expected to help power more than 2 million homes and support over 18,000 jobs. The Leading Light Wind project in the New York Bight was projected to generate more than $3.7 billion in economic development benefits and over 7,000 jobs. The Golden State Wind project off California's Central Coast would have powered 1.1 million homes, created more than 8,000 jobs, and delivered a $30 million commitment to workforce development and supply chain initiatives.
Several states have already begun making substantial investments to prepare for offshore wind projects to move forward, including over $100 million in investments by California to modernize ports and support planning. By accepting DOI's buyout deals, you are stranding these investments, undermining job expectations, and disrupting the yearslong process of electricity capacity planning by states and utilities.
These buyouts have been announced amid a larger effort by the Trump Administration to stall wind and solar projects - the energy sources that are cheap, clean, and fastest to bring online - across the country. In December 2025, the Administration paused the construction of five largescale offshore wind projects, claiming "national security risks." Secretary Burgum issued a directive requiring his personal review and approval of every wind and solar energy project on public lands, holding up at least 57GW as identified in court documents. The Department of Defense is holding up all new wind projects on private land, a total of more than 30 GW of onshore wind capacity. At a time when gas prices have spiked by an average of more than $1 dollar per gallon due to the President's war in Iran and electricity prices are rising nearly twice as fast as inflation, clean energy offers a critical opportunity to reduce our dependence on fossil fuels and relieve costs for people across the country. Dismantling the burgeoning offshore wind industry now and creating broader uncertainty for investment in cheap, clean energy will have consequences for decades to come.
There is no law that entitles leaseholders to refunds for voluntarily surrendering a lease, and lease cancellations must be executed according to the law. The Trump Administration has asserted that these payments can be made from the U.S. Department of the Treasury's Judgment Fund-a position that may not be permissible under statute and that is the subject of ongoing litigation brought by the attorneys general of New York, New Jersey, Connecticut, Maine, Massachusetts, Rhode Island, and Vermont. These buyouts risk setting a dangerous precedent that could encourage further misuse of public funds to terminate clean energy projects in certain states in favor of fossil fuel investments that benefit other states.
In light of these questions and concerns, and to better understand the legal basis for the lease buyout agreements between your company and DOI, we request the following information by August 7, 2026:
8. Please state whether your company currently has other clean energy projects that are pending review by DOI, the Department of Defense, or any other federal government agency. In responding to this question, please provide the following information:
9. Please provide all correspondence with DOI, including with the Bureau of Ocean Energy Management (BOEM) and any email correspondence, papers, books, records, and documents in your possession or under your control relating to these agreements.
We look forward to your prompt response with the information requested above.
Sincerely,
To view the release online, click here.
###