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.
US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
191–200 of 411 posts
Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#192I 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 s…
I'm always gobsmacked when Trump says things like, "We need to get rid of all the wind turbines! They are killing all the birds! Look at the foot of any tower and you'll see nothing but dead birds!" Is there a single person who things Trump gives a single damn about the birds? It is obviously just a pretext.
Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#193Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#194Serious 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.
Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#195Earlier quoted context omitted.
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
#196Earlier quoted context omitted.
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
#197It’s not as big of a deal as it sounds. Theses wind farms have not even started construction yet. Once Don Quixote is out of office, some future administration undoubtedly will start wind farm construction.
I've spent my entire life not building any windmills and nobody's paid me a billion dollars for it yet.
Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#198I 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 s…
People voted in repeatedly a visibly primitive person (plus quite a few other things but lets not go there now), then they get primitive behavior. An honest question - what the heck did you expect? Some sophisticated rational discussions instead of dumb ego tantrums?
Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#199Earlier quoted context omitted.
Some good news though, with the war in Iran the spiking oil price means that Albertan executives can ramp up operations and stay quite profitable! Push the price to 200/barrel and we'll just strip mine the entire province after airlifting out Calgary and Edmonton.
This assumes that there isn't profound demand destruction caused by the stratospheric energy prices. Fossil fuels were already an inferior energy source when oil was $60/barrel. Electrification has been moving fast and accelerating , even at the pre-energy crisis prices. Now? Current events are likely to take fossil fuels out back and give 'em the Old Yeller treatment with surprising speed.
So, how many billions of newly printed debt is Trump willing to throw at the problem to keep those subsidies up so that he can be sheltered from the scary windmills?
Re: US and TotalEnergies reach 'nearly $1B' deal to end offshore wind projects
#200Earlier quoted context omitted.
"ideological subsidies" for this administration means any policy supporting non-thermal and non-battery (to a lesser extent, although their lobby has pretty successfully extracted them from previous renewable associations they relied on) generating units. To get more specific, you could say everything rolled back from the IRA as part of the BBB.
If it's just BBB they're referring to then I would call that a political talking point since that doesn't seem directly related to this deal. Unless the subsidies being repealed explains why TotalEnergies seems happy to get out of the lease now even though they presumably thought it was a good deal for them back when they originally agreed to it. If that's true though then I don't know why neither the article nor the…