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Trump administration reaches deal with TotalEnergies

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The Trump administration agreed to pay $1 billion to French company TotalEnergies to walk away from two U.S. offshore wind leases.

TotalEnergies will spend the money on fossil fuel projects instead, according to the Department of Interior.

President Donald Trump's administration has sought to halt multiple offshore wind projects, but federal judges have overturned the orders.

Read more from The Associated Press.

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