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Posted on Sep 01, 2025 / USA

The Trump Administration announced the cancellation of $679 million in federal funding set for offshore wind turbine projects as of August 31, 2025. The funds will be redirected toward bolstering the maritime industry, including ports and shipping infrastructure. The move reflects a shift in priorities, away from renewable energy and toward traditional industrial sectors. Environmental groups swiftly decried the decision as a setback for clean energy and climate goals. Industry insiders warn the change could stall offshore wind development nationwide. The administration insists that the funding reallocation will spur economic activity in domestic shipping and port operations.

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