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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The Trump administration will pay nearly $800 million to Invenergy to cancel wind power projects, with the developer planning to redeploy the funds into natural gas and geothermal ventures. Concurrently, the administration has proposed new regulatory rules aimed at loosening restrictions on oil drilling operations. In response, California has filed a lawsuit against the US EPA regarding the potential reversal of vehicle emissions rules sent to Congress.