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Last week, the Biden administration held the nation’s first ever offshore wind auction in the Gulf of Mexico. It described the sale in a press release as part of its “once-in-a-generation investment in America’s infrastructure and our clean energy future,” with the potential to power around 1.3 million homes with clean energy. A significant sale could have signaled a shift away from fossil fuels for the oil- and gas-intensive Gulf region, but it was far from a runaway success: Only two companies

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