In the latest blow to the US offshore wind industry, the Trump administration announced Monday it is suspending the federal leases for all large offshore wind projects currently under construction, citing unspecified national security risks.
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It marks a major escalation in President Donald Trump’s attacks against offshore wind, a form of energy he has long railed against. The suspension could impact billions of dollars of investment and stall nearly six gigawatts of new electricity set to come online in the next few years.
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The new sweeping order impacts five…