But they restarted this morning again since the deal didn’t say when to restart lol.
This just seems so dumb and stupid on all kinds of levels. What does Trump think he’s gaining from this in the end? I just don’t see it.
Is he just getting paid by his friends with oil companies? Is that it?
Delays in becoming independent of oil at the expense of the taxpayer (not of oil companies).
RWE is a shitty company anyways
Can I get paid a billion dollars to do nothing?
They’d already spent that billion on preparations. If they hadn’t received their money back the shit would have hit the fan.
Only if you reinvest the sum into conventional gas projects, including $900m (£669m) in a liquefied natural gas (LNG) export terminal project in Louisiana.
Interior Secretary Doug Burgum said in a statement posted on X that Americans deserve an energy system built on common sense and not one dependent on “costly subsidies”.
I actually want to vomit from how stupid as fuck that whole country is to not have done anything to these people.
art of the deal…
Interior Secretary Doug Burgum said in a statement posted on X that Americans deserve an energy system built on common sense and not one dependent on “costly subsidies”.
Thank god we’re not paying costly subsidies
$1.2 Billion to make a project not happen sounds like a pretty costly subsidy.
They are being paid $1.2B to build gas power projects in the US. Whereas before they were being paid to build wind power in the US. They are not being paid to do nothing.
Thank god it’s not a costly subsidy though.
Are you sure? Because wording isn’t clear, but pay out sounds like a … pay out, not ‘please, build something else’. 🤷
That’s not what the article says.
RWE said that it will now reinvest the sum into conventional gas projects, including $900m (£669m) in a liquefied natural gas (LNG) export terminal project in Louisiana.
Yes, which is not what you said before. RWE is getting paid for nothing to then invest its own money in other projects. The difference is ownership. The difference matters.
From what I can tell, RWE would have owned the wind projects before as well.
RWE said it has agreed to relinquish its leases off the California and Louisiana coasts as well as in the New York Bight.
They wouldn’t need to relinquish leases if the US was the owner and RWE was simply a contractor building stuff for them.
That’s 1.2 billion - 900 million, and still a profit making venture. Paid by the US government to still make money. US capitalism.
Your interpretation doesn’t sound like the only possible one. Do you have a source that is clearly stating these things?
Especially not on fossil fuels!
This is so incredibly stupid
just so people are aware, this is FIFTH TIME the administration has done this: 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.
America has become a torture chamber for smart people. Ooh the pain!
I think it’s just the USA, the other 29 countries in America aren’t that bad
Good thing there are so few of those left there
Both countries have governments run by very stupid, selfish manbabies and their cronies.
Levels of dumb never thought possible.
The US could switch off their nuclear powerplants to accelerate the transition to hydrocarbons.
Let’s not give the idiots more ideas. haha.
Won’t make a dent either way. The entire climate situation basically depends on the death of capitalism, egotystical billionares taking fault(LMAO) and overhauling our entire way of life at this point.
They already know. Merkel saved their oil industry by making electricity for cars expensive.
Yeah but what if Germany were to be hit by a 9.1 earthquake followed by a huge tsunami and have the disaster cause the need for emergency generators that were flooded by the tsunami? We can’t have that risk! Shutting down all nuclear reactors was the only option.
The day’s not over yet!
This is incredibly stupid. While China and the rest of the world are leading the charge in renewable energy, the U.S. is set to remain in the Stone Age due to pure hubris and short-term profit gains.
Paying 1.2 billion to get rid of that technology is just ideologically short-sighted. It’s simply stupid.
Exactly, European energy generation during an extreme summer has shown that renewables are the most reliable, until systems are in place for storage. The world can’t rely on fossil fuels or even nuclear at the moment due to climate change.
Why not use the $1.25bn and reinvest it into a wind park in the North Sea? Feels a little backwards to give in to the bully and revert to fracking gas, and then put in another $18bn own money?!
Yeah man, that’s the point. It’s backward as fuck. It’s absolutely, mind-numbingly idiotic.
Why not use the $1.25bn and reinvest it into a wind park in the North Sea
Because the same brain rot makes the same kind of people go insane there, too, and then vote for corrupt “conservatives” that sabotage renewables for fossil fuels (read: for the juicy bribes the fossil industry pays).
Germany is just working on new legislation to prevent renewables where the grid isn’t build up to handle it while also providing zero reasons for grid providers to build up the grid. Then they complete the package with no guaranteed feed-in compensation anymore.
Which obvious leads to a “sure you can build renewables, but a third party benefitting from fossil fuels has total control over your ability to sell your product”-situation were exactly noone will ever invest in renewables anymore. (PS: storage was also blocked by insane double taxation for years before a different government fixed that, and so instead the CEO of the record-holder in burying applications for connecting storage to the grid in red-tape -literal years for a process that should take a few days- was awarded with a job as Minister of Economy and Energy…)
They are doing exactly the same bullshit, they are just not as obnoxiously loud and boastful with their insanity as the orange moron is.
I mean it’s not exactly the same bullshit in the extent of it.
Sad thing is: We used to be on the right track. Not nearly fast enough, but at least we were headed the right direction. As of today, my energy meter shows each sunny summer day, we have like 120% of Germany’s energy demand met by renewables. We now need a bit more of it, plus storage, plus the grid to make it work during the morning, evening, night and winter. But then we got an incompetent government, politicians said we now have other things to do and becoming more right-wing is more important than continue to fix the energy situation… Also doesn’t help how we now spend a lot of taxpayer money on war machinery instead of useful stuff. It’s a shame.
We should post these in guess the country format
What a spectacularly stupid waste of money!
A Shame
What the heck? Why would they care if Germany is generating power?
Im THIS close to throwing my phone into an open fire
If in doubt, click link, read first sentence.
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.
Ohh that makes a lot more sense, i skimmed across the article
No, they paid a German company that was building massive off-shore wind power production in the US to cancel the project and reimbursed them for voiding the lease on those off-shore areas.
Basically the US pays to keep economically viable wind power financed privately away, then pays again for the subsidies to get economically non-viable fossil fuel power generators build instead. All while screaming how they don’t want to take part in that renewable scam that only works because of subsidies.
It’s so stupid, you would be laughed out of the room if you brought up such an idea in serious fiction…
