With an order to halt work on a wind farm off the coast of New York, the Trump administration dealt the offshore wind industry a damaging blow that puts $28 billion of investment at risk. On Wednesday, Interior Secretary Doug Burgum posted on X that he’d ordered a pause on Equinor ASA’s Empire Wind project off Long Island. The project was already well underway – permits and supplies lined up, $3 billion in project financing agreed and the construction phase had begun. While Trump had made clear that early-stage developments would be slowed or thwarted, it has come as a shock to the industry that the President would stop a project in full swing. Just a few years ago, the US was seen as one of the most attractive growth markets for European energy companies looking to expand a technology developed in the North Sea. Now, soaring costs paired with political animosity, make the outlook for the sector seem dire. “The halting the permit for Empire Wind 1 just as it gears up for construction and as fabrication of components is already is in full swing is another unprecedented and escalatory step against offshore wind in the US,” Raya Peterson, global lead for offshore wind at consultancy Ramboll, said in a post on LinkedIn. “It’s destroying American jobs and domestic energy production. On top it raises doubts that the US is a serious partner for business.” It’s a sharp reversal from the Biden administration, which had vowed to develop some 30 gigawatts of offshore wind in the US by 2030, a policy that led to billions of dollars of investment in projects and the supply chains needed to deliver them. States on the east coast of the US had seen the wind farms at sea as a key way to boost much-needed power supply growth as well as reach climate goals. Empire Wind is one of just a handful of projects currently being built in the US. In total, the projects would require over $28 billion of investment, according to analysis from BloombergNEF and public statements. Equinor said in a statement Thursday that it’s halting construction on Empire and is considering its legal remedies, including appealing the order. The company also said that the total amount drawn under the project’s term loan was about $1.5 billion and that in a full-stop scenario that money would be repaid from the equity commitment to the project’s lenders. Executive Order On his first day in office, President Trump signed an executive order to stop federal permitting and leasing for new offshore wind projects in the US. The order also called for a review of those projects that had already been approved. Secretary Burgum said in a second post on X Wednesday that his department is doing its part to make sure that the review is carried out. That sharp reversal threatens to chill investment in the US long after Trump leaves office, according to Timothy Fox, managing director of ClearView Energy Partners research firm. Project developers may become wary of making ma in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. 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