This week, the Trump administration announced that, after having lost every single court case over its attempt to halt East Coast offshore wind projects, it will now simply pay one of the companies roughly $1 billion to abandon ship. Crucially, however, it is not just paying France’s TotalEnergies to back off—the company will now invest in oil and gas development in Texas instead. On its face, this would appear to be a pretty bonkers plan. “The deal is an extraordinary transfer of taxpayer