President Trump just pulled the plug on nearly $700 million in federal funding for 12 offshore wind projects, with California taking the biggest hit

by

Breakdown of the Cuts:

  • $679 million total rescinded by the Transportation Department
  • $435 million of that was earmarked for a floating wind farm in Northern California
  • Another $47 million was slashed from a Maryland-based project
  • The largest single cut: Humboldt Bay Offshore Wind, which lost $427 million in federal support

Official Justification: Transportation Secretary Sean Duffy called the projects “wasteful” and said they diverted resources from “revitalizing America’s maritime industry.” The administration says the funds will be redirected to upgrade ports and infrastructure instead.

https://www.cnbc.com/2025/08/29/trump-administration-cancels-679-million-for-offshore-wind-projects.html

https://www.pbs.org/newshour/politics/trump-administration-cancels-679-million-in-funding-for-offshore-wind-projects

https://abcnews.go.com/Business/wireStory/trump-admin-cancels-679-million-offshore-wind-projects-125107388