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

lemonde.fr

211–220 of 411 posts

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

#211
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.

Even if the insanity stopped right this second, it's likely that the EU will be actively working to step out of the US's economic and military shadow in the next couple decades. For anyone not in tech, most of the EU is already better than most of the US. The same is also true for many people in tech (most outside NYC/SF/Seattle).

Also, Canada. They're likely to withstand global warming better than most of the world, and would be comparatively easy to adapt to. If I didn't own a house, I'd already be working to move there, though I have recent ancestry that makes it a relatively more appealing option.

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

#212
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?

Smart people know that you can't predict or plan for anything on anywhere close to that time horizon. The only plan is be adaptable.

> The only plan is be adaptable

And that's exactly what the question was.

You seem to consider yourself in the "smart people" ranks, so what's your big plan for adaptability?

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

#213
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?

Smart people know that you can't predict or plan for anything on anywhere close to that time horizon. The only plan is be adaptable.

Yep, the only thing that's sure is that children of said smart people will suffer their whole life so these smart people could give a bit more money to the fossil barons.

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

#214

Earlier quoted context omitted.

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…

So TotalEnergies agreed to invest 1 billion is offshore wind during thr last Administration. The current Administration doesn't want any investment in renewables so they attempted to block it. A judge said the attempted block was unlawful. So then immediately the admin said something new and that instead there were "national security concerns" with building wind plants - (Which doesn't pass the smell test to me at al…

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

#215

Earlier quoted context omitted.

So TotalEnergies agreed to invest 1 billion is offshore wind during thr last Administration. The current Administration doesn't want any investment in renewables so they attempted to block it. A judge said the attempted block was unlawful. So then immediately the admin said something new and that instead there were "national security concerns" with building wind plants - (Which doesn't pass the smell test to me at al…

[flagged]

Could you give some sources for this? I can't seem to find anything with a cursory search, but I'd be interested in reading.

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

#216
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…

The majority of tax payers voted for this to happen

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

#217

Earlier quoted context omitted.

So TotalEnergies agreed to invest 1 billion is offshore wind during thr last Administration. The current Administration doesn't want any investment in renewables so they attempted to block it. A judge said the attempted block was unlawful. So then immediately the admin said something new and that instead there were "national security concerns" with building wind plants - (Which doesn't pass the smell test to me at al…

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Sweden has been blocking offshore farms on the east side of country, where they would be fighting Russia. West side farms are fine.

USA hardly has the same problem, and the current admin are frankly a bunch of low-brow vicious thugs, who in my view wouldn't know a genuine security problem from a large hole in the ground.

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

#218
post #207
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…

https://arstechnica.com/science/2026/03/trumps-latest-anti-w... They only get the money if they reinvest in oil and gas. It’s not just trying to kill wind, it’s actively trying to expand burning fossil fuels. We are being lead to our demise by idiots.

The only idiots are the people who voted for Trump

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

#219
post #215

Earlier quoted context omitted.

[flagged]

Could you give some sources for this? I can't seem to find anything with a cursory search, but I'd be interested in reading.

https://www.regeringen.se/pressmeddelanden/2024/11/avslag-pa...

The Swedish government is not blocking all offshore wind, but it is blocking a lot of it, specifically wind parks in areas of the Baltic Sea that could cause trouble for trying to detect Russian military activities.

I don't know what the situation looks like for Finland.

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

#220

Earlier quoted context omitted.

I'd leave the US if the tech jobs didn't pay so much better here. I mostly like the US but the years since Obama have been rough

Pay may be numerically less in the eu, but rather than me trying to convince you, try on youtube: 'why I left the USA for europe'. There are very many.!

And oddly enough plenty the other way.
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