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Offshore Wind Confusion: Refunding a Lease is not a Buyout

Watts Up With That? [Unofficial] May 28, 2026
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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?.

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