I promise I won’t start the solar panel installation project. Can you pay me now, please?
fucking stupidity; yet more waste after waste after waste and grift after waste after back scratching donors
Spending more money now to cancel the contract so Americans pay more money for electricity later.
That $1.2B could have been spent on any number of things that would have made normal people happier, healthier, smarter, etc. Instead, we are paying $1.2B to do literally nothing.
Not literally nothing but active harm. Those projects likely would have brought clean energy to hundreds of thousands if not millions.
With this speedrun to go back to the 18th century, soon the Amish will be the most advanced civilians in the US.
The US was paying them to build wind power projects in the US, now the US is paying them to build gas power projects in the US.
I commented elsewhere but it’s worth noting here too.
this is FIFTH TIME the administration has done this and it’s cost almost 4 billion in total: Source
If this sounds at all familiar, it’s not your imagination. In March, the Republican administration announced that it had agreed to pay a foreign company almost $1 billion in American taxpayer money to abandon two wind farm projects that would have produced enough electricity to power more than 1.3 million homes and businesses […]
At the administration’s insistence, the company will instead proceed with different energy projects that will cost more and pollute more. [thanks to] President Donald Trump, many American consumers will pay for the privilege of paying more to turn on the lights, all while polluting our own air.
Then in April, it happened again, when the Republican administration announced plans to pay energy companies almost $900 million to abandon plans for two offshore wind farms. Two months later, Team Trump spent $765 million to buy back another group of offshore wind leases.
In late June, a fourth example emerged, when the administration announced plans to pay Duke Energy $129 million to abandon an offshore wind project off the coast of North Carolina.
With a fifth instance this week, the combined price tag for the developments is approaching $4 billion.
more expensive gas projects with far greater negative externalities (pollution, price volatility)
it low-key feels like you’re trying to lessen the impact of the decision by pointing out a minor detail that the money isn’t technically “wasted”. if they take the money and invest it in terrible projects that accelerate global climate catastrophy and burden future generations, doing a well akshually about the money is kinda disingenuous. it’s not like he’s simply re-investing in US based energy, he’s misusing tax dollars that were planned in advance for the benefit of posterity, to enrich his circle of oligarchs deeply tied to fossil fuels.
Like clicking cancel right before you get a tech upgrade.
This is soooo fucked. In 20 years the rest of the world will have sanctions on the US for producing too much CO2. If he hates windmills why not invest in other green tech. $1B in gas infrastructure when we’ve already hit 1.5°C of warming is insanity.
If he hates windmills why not invest in other green tech.
Same reason the US gov has always destroyed any energy sector competing with fossil fuels… Political bribes have a huge return on investment.
Shart of the deal.
Ho can I start offshore wind project in US, spend 0$ and apply to gov to stop me ?
Be just as full of shit as our dear leaders – if you don’t know how, I’m sure your preferred AI can help.
Fuck maga and that orange sack of shit for what they have done to the US.
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