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US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects

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Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects

#101

Post by while_true_ »

Ajedi32 wrote: post #71

HN title (currently reads "US govt pays TotalEnergies nearly $1B to stop US offshore wind projects") is editorialized and it's unclear to me whether it's accurate. The article says: > We're partnering with TotalEnergies to unleash nearly $1 billion that was tied up in a lease deposit that was directed towards the prior administration's subsidies What's the deal with this lease deposit and how does "freeing it up" equ…

NY Times phrases it as a reimbursement to TotalEnergies for relinquishing wind leases that they paid for. The US made the reimbursement contingent on them investing in fossil fuel projects. "The deal is an extraordinary transfer of taxpayer dollars to a foreign company for the purposes of boosting the production of fossil fuels."

Total waste of $1 Bil of taxpayer dollars. If the oil and gas industry want to shut down wind projects let them pay for it.

Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects

#102

Post by angelgonzales »

rockooooo wrote: post #83
angelgonzales wrote: post #79

This seems like a good thing considering the “TotalEnergies CEO Pouyanné said offshore wind was "not the most affordable way to produce electricity" in the US, which he identified as being natural gas-fired power plants.” Not sure why we’re building offshore wind plants when land based gas plants provide cheaper energy. We need to be reducing the cost of living for working people and not raising it. Our goal should b…

the dollar cost he's talking about does not include the large dollar cost the externalities burning gas creates

Does the offshore wind energy costs include externalities of fabricating, assembling, shipping, installing, maintaining and decommissioning the turbines? Does it also include bird losses and whale harms?

Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects

#104

Post by kylehotchkiss »

seydor wrote: post #54

I feel like Total could have pushed for more, much more. It's very important that Windmills and 5G antennas do not spray Covid19 on proud patriotic americans

I really want to see the legal verbiage guaranteeing this right. Like, how many mutations can covid virus get before it legally could be sprayed on patriotic Americans?

Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects

#105

Post by mikkupikku »

kube-system wrote: post #67
rapnie wrote: post #34

Earlier quoted context omitted.

And clean. Really, really clean. Just look at coal. A no-brainer. Go for it.

You mean "clean coal", right? Of course it's clean, it's right in the name.

People laugh at this, but anthracite genuinely is cleaner than other coal in every regard save CO2 emissions. People just think it's a joke because they've come to believe that CO2 is the only coal emission worth caring about, which definitely isn't true.

Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects

#107

Post by andyjohnson0 »

> "TotalEnergies CEO Pouyanné said offshore wind was 'not the most affordable way to produce electricity' in the US, which he identified as being natural gas-fired power plants. [...] So it was a win-win dialog," he said."

Pouyanné is only 62 years old. If, as I hope, there are criminal trials in the future for those responsible for recklessly endangering life on this planet, then I hope that he is still alive and that statements like this form part of the prosecution. Unfortunately Trump will almost certainly be long dead by then.

Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects

#108

Post by while_true_ »

angelgonzales wrote: post #79

This seems like a good thing considering the “TotalEnergies CEO Pouyanné said offshore wind was "not the most affordable way to produce electricity" in the US, which he identified as being natural gas-fired power plants.” Not sure why we’re building offshore wind plants when land based gas plants provide cheaper energy. We need to be reducing the cost of living for working people and not raising it. Our goal should b…

Wind and solar are consistently the cheapest forms of new energy generation. Pouyanné knows that. He is being a politician here, saying what he knows will play well with the current administration. When in Rome...

Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects

#109

Post by Ylpertnodi »

tsunamifury wrote: post #72
paxys wrote: post #65

Serious question, but not entirely related to the topic - how are “smart” people in the US preparing for the next 20-30 years? - Assume everything will be fine and America will remain a global economic superpower. - Plan an exit to a more serious, stable country. - Some option in the middle of the two to hedge your bets?

Please list the more serious and stable country if America collapses. I’ll wait. On a serious note; I’m looking at my billion dollar neighbors and they all just are citizens everywhere now. No allegiance to anything but their own pleasure.

> Please list the more serious and stable country if America collapses.

Chinahhhh.

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