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Stock impact report

Trump Fires A New 1 Billion Dollar Missile At Offshore Wind Energy [Yahoo! Finance]

TotalEnergies SE Ordinary Shares (TTE) 
Company Research Source: Yahoo! Finance
Getty Images President Trump hasn't always been closed to wind energy. In his first term, he told his new secretary of energy to do for the U.S. what he had done for Texas. “Rick Perry created a business climate that produced millions of new jobs and lower energy prices in his state, and he will bring that same approach to our entire country as secretary of energy,” Trump said . By 2015, when Perry's time ended as governor of Texas, wind energy was 10% of electricity generated. By 2023, this had risen to 28%, second only to natural gas, and the highest of any state. A New Missile Against Offshore Wind. Trump in 2025 paused five separate wind projects off the eastern U.S. shore. But lawsuits were filed and the courts allowed these projects to continue. One of them is now supplying electricity to thousands of homes. This week, Trump unleashed a new missile. A deal was struck between the interior secretary, Dough Burgum, and the CEO of TotalEnergies, Patrick Pouyanné, to refund Show less Read more
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