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Offshore Wind Confusion: Refunding a Lease is not a Buyout

Word has it that the Feds told the developers to take the deal or they would simply cancel the leases, letting the developers sue to try to get their money back, someday. The Feds have a strong lever here which explains their getting promises from the developers that they would reinvest the refund in oil and gas development. The post Offshore Wind Confusion: Refunding a Lease is not a Buyout appeared first on Watts Up With That?.
DisclaimerRead with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.

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CFACT broke the news on Tuesday, May 26, 2026.
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