Switching Positions – Trump vs Wind, Critical Minerals & The New Orders #208

$1 billion to stop wind power, Hormuz's false calm, critical minerals, high virgin plastic price and sourcing in China and Vietnam

Five stories that matter this week:

1. The White House agreed to pay TotalEnergies $1 billion to walk away from its East Coast offshore wind projects - and redirect that capital into US LNG production instead (four trains at the Rio Grande LNG plant in Texas, plus upstream oil in the Gulf and shale gas). In return, the US reimburses them dollar-for-dollar o…