Trump mounts new attack against wind projects on federal land
The Trump administration is considering halting all wind development on federal lands and in federal waters as the president expands his campaign against
the renewable energy source he's long criticised .
Interior Secretary Doug Burgum on July 29 ordered a comprehensive review of the agency's approval process for wind projects, including right-of-way authorisations, environmental analysis and wildlife permits. The order, which Mr Burgum said aims to end preferential treatment for wind and solar, is sure to further spook renewables investors and developers already reeling from the administration's attack on clean energy.
President Donald Trump, who was in Scotland on July 29 to open a second golf course at his sprawling estate in the eastern part of the country, criticised the UK's support for wind power and decried turbines as overly expensive eyesores.
'Windmills are a disgrace,' he said earlier in the day. 'They hurt everything they touch. They're ugly. They're very inefficient. It's the most expensive form of energy there is.'
Mr Trump, who fought against a wind project within view of his first golf course in Aberdeen, Scotland, indefinitely halted the sale of new offshore wind leases on his first day in office and paused permitting of all wind projects on federal lands and waters. More recently, the Interior Department ordered that all solar and wind projects on federal lands required Burgum's sign-off, a move that threatens to mire their approval process in red tape.
In April, Mr Burgum halted work on Equinor ASA's US$5 billion (S$6.44 billion) Empire Wind farm off the coast of New York, but then reversed the decision in May after the administration reached a deal with New York Governor Kathy Hochul to open the way for new gas pipelines to be built in the state. Mr Torgrim Reitan, Equinor's chief financial officer, said in an interview in June that further investments in US offshore wind are likely off the table. BLOOMBERG

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Times
8 minutes ago
- Business Times
Malaysia agrees to boost tech, LNG purchases from US as part of trade deal
[KUALA LUMPUR] Malaysia will spend up to US$150 billion in the next five years to buy equipment from US multinationals for its semiconductor, aerospace and data centre sectors, part of a deal with Washington to cut tariffs, its trade minister said on Monday (Aug 4). The US announced last week that it would impose a 19 per cent tariff on Malaysia starting from Aug 8, lower than a 25 per cent levy threatened last month. State energy firm Petroliam Nasional Berhad will buy liquefied natural gas worth US$3.4 billion a year, while Malaysia will commit to US$70 billion in cross-border investments in the US over the next five years to address the trade imbalance between the two countries, minister Tengku Zafrul Aziz told parliament. The US ran a goods trade deficit with Malaysia of US$24.8 billion in 2024, government data showed. Tengku Zafrul said the two countries were finalising a joint statement covering the commitments made, following weeks of negotiations over the tariffs imposed by US President Donald Trump's administration. 'Despite expecting lower tariff rates, the ministry believes that these negotiations have succeeded in achieving a result that is reasonable with the offers made by Malaysia,' Tengku Zafrul said. A NEWSLETTER FOR YOU Friday, 8.30 am Asean Business Business insights centering on South-east Asia's fast-growing economies. Sign Up Sign Up Other concessions by Malaysia include reducing or abolishing duties on 98.4 per cent of US imports, the easing of some non-tariff barriers, and the removal of a requirement for US social media platforms and cloud service providers to contribute part of their Malaysian revenues to a state fund. Last week, Tengku Zafrul said Malaysia had secured tariff exemptions on its pharmaceutical products and semiconductors exported to the US, and was seeking further cut-outs for commodities such as cocoa, rubber and palm oil. On Monday, however, he warned that semiconductor chips may still be subject to additional tariffs under US laws based on national security reasons. 'Therefore, we need to continue to be prepared for any possible additional tariffs imposed on the semiconductor industry,' he said. REUTERS


CNA
an hour ago
- CNA
CNA Correspondent - Why the world can't quit the US despite the highest trade tariffs in decades
The US accounts for less than 15 percent of world trade but President Donald Trump has managed to force levies on America's biggest trading partners. Arnold Gay speaks to trade expert Deborah Elms, along with Leong Wai Kit and Toni Waterman, to understand why many countries caved to Mr Trump's demands.
Business Times
2 hours ago
- Business Times
Vietnam's VinFast in talks to boost local sourcing as first India plant opens
[THOOTHUKUDI, India] Vietnamese electric vehicle maker VinFast is in talks with several component manufacturers as it looks to source more from India, the company's Asia CEO said on Monday (Aug 4). The firm is in discussions with several of its current component suppliers, and some want to shift part of their production to the industrial park in India, VinFast Asia CEO Pham Sanh Chau said on the sidelines of the inauguration of its Indian plant in the southern city of Thoothukudi. Global manufacturers are increasingly looking to diversify their supply chains by shifting production to India, as rising geopolitical tensions, trade restrictions, and cost pressures make China less attractive as a sole manufacturing base. 'We also have an inquiry from (a manufacturer in) Vietnam who would love to shift their plastic production to support our car,' he said, though he did not provide names of companies considering the shift. VinFast plans to roll out cars to showrooms in India later this month, he added. The pricing and exact launch date have not yet been disclosed. Last year, VinFast and Tamil Nadu state agreed to work towards an investment of up to US$2 billion, with an intended commitment of US$500 million for the first five years. The plant is expected to have an annual production capacity of up to 150,000 vehicles. Chau also said that the Indian plant had received orders from Sri Lanka, Nepal, Mauritius and these initial overseas orders were positioning the India facility to become an export-oriented manufacturing hub, though the firm's immediate focus remained on meeting demand from Indian customers. VinFast has set a global delivery target of 200,000 cars for 2025, having sold about 72,100 units in the first half of the year, primarily in its home market. REUTERS