It’s the third such deal the Interior Department has struck to pay firms to abandon plans for offshore turbines, spending roughly $2.5 billion to get companies to abandon their wind projects.

It’s the third such deal the Interior Department has struck to pay firms to abandon plans for offshore turbines, spending roughly $2.5 billion to get companies to abandon their wind projects.

© Joshua A. Bickel/Associated Press

A new wave of start-ups are trying to harvest emissions-free energy from inside the Earth, but the industry still faces significant challenges.

© Eduardo Munoz/Reuters