Fortunately, fossil fuels are a stable and geopolitically risk-free source of energy.
The US (with Canada and Mexico) is self-sufficient with fossil fuel energy.
[deleted]
US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
11–20 of 411 posts
Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#12Do I have it right that the two projects that this deal kills off haven't seen any construction work yet? These aren't among the projects that the stop work orders were issued against in December, right?
Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#13Fortunately, fossil fuels are a stable and geopolitically risk-free source of energy.
This will not be a learned more robustly in the US until one or both of the only two (edit: major) gas turbine manufacturers in the world (GE Vernova, Siemens Energy) suffer a tail risk event causing their failure. Backlog for new gas turbines is ~7 years, as of this comment. Continued production capacity is a function of how fragile those two companies are. The White House’s Bet on Fossil Fuels Is Already Losing - h…
Isn't there Ansaldo Energia too?
Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#14Earlier quoted context omitted.
This will not be a learned more robustly in the US until one or both of the only two (edit: major) gas turbine manufacturers in the world (GE Vernova, Siemens Energy) suffer a tail risk event causing their failure. Backlog for new gas turbines is ~7 years, as of this comment. Continued production capacity is a function of how fragile those two companies are. The White House’s Bet on Fossil Fuels Is Already Losing - h…
Isn't there Ansaldo Energia too?
Yes, but their production volume is limited (imho) compared to the two companies I mentioned. Good callout regardless. I'll have a post put together to share here enumerating and comparing.
(i track global fossil generation production capacity as a component of tracking the overall rate of global energy transition to clean energy and electrification, but some of my resources are simply an excel spreadsheet)
Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#15Earlier quoted context omitted.
The US (with Canada and Mexico) is self-sufficient with fossil fuel energy.
Sure, if we build out refining capacity for the next ten years. Then we're golden until we run out of the finite well of combustible dead algae. So if you think we can revitalize American manufacturing and resource processing starting now, and you're okay with those investments being worthless in a few decades, and you don't give a shit about rendering the planet significantly less habitable to human life, then yeah,…
Alberta tar sands have hundreds of years worth of reserves. They're also expensive and incredibly dirty to extract and emit significantly more CO2 during processing than a light oil well will. (The tar is usually melted by heating with natural gas).
I'm quite confident cheap renewable alternatives will make the tar sands inviable far before they run out.
Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#16Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#17I know this US government is fully-committed to fossil fuels and about as rabidly anti-renewables as can be, but I'm still shocked to see things like this. And I'm fully aware of Trump's Scotland experience and how that contributed or directly led to this, but, still, shocked. And then I'm also shocked because I know that at least half, if not a good bit more, of US citizens are in agreement with this strategy. Not sure how I can still be shocked but here I am.
And I say that not as some rabid renewables person. Just the insane binary thinking, regardless of the dollars and cronyism at work. There's zero room for nuance, which I guess is my biggest complaint about the world at large.
Aside: people who think climate change will be the death of us all, and sooner than later, I get it, and I fully appreciate you pushing for a cleaner and more livable world. At this point I'm just going to sit in the corner and hope you, and China, figure it out and then it spreads quickly to the rest of the world, which I think at this point is pretty much a foregone conclusion barring a nuclear war (will refrain from commenting about how the likelihood of that has ticked up the past couple of weeks in an area teeming with (sarcastically shocked this time!) fossil fuels).
Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#18x
Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#19Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#20Fortunately, fossil fuels are a stable and geopolitically risk-free source of energy.
They're a relatively stable and risk-free source of money for a certain kind of politician.
The energy part is incidental.