Trump's promise to "end" the offshore wind industry could threaten California's clean energy goals, potentially cutting off federal funds.

The Northeast’s struggling offshore wind developers really could have used a win on Election Day. Instead, they got Donald Trump.

Bernstein, a Wall Street research firm, estimates that the price of land-based wind turbines, which sell for millions of dollars each, has increased 40 percent since 2021, while the cost of building wind farms off the United States has risen by a third, a big number for projects that cost billions.

Opponents of offshore wind energy projects expect President-elect Donald Trump to kill an industry he has vowed to end on the first day he returns to the White House.