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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

#291

Post by Ajedi32 »

beepbooptheory wrote: post #200
Ajedi32 wrote: post #179

Earlier quoted context omitted.

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 Unless the subsidies being repealed explains why TotalEnergies seems happy to get out of the lease now even though they presumably thought it was a good deal for them back when they originally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…

Unclear to me what would satisfy this complaint.. You wish La Monde speculated more on some glaring omission of motive here? You're original point is that they seemed to speculate too much!

They could do some actual journalism, find out the answers to some of these obvious follow-up questions, and report on them. Or, failing that, link to the press report since it seems like as is they aren't really adding much beyond that.

But my original complaint about editorializing was about the title the submitter wrote on HN, not the article title.

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

#292

Post by delecti »

deaux wrote: post #276
delecti wrote: post #211

Earlier quoted context omitted.

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,…

> 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. It's not likely at all if you've looked at the polls for France, Germany, the UK and Spain, and how those have been trending over the last decade.

You're going to have to be less vague.

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

#293

Post by notyourwork »

mbf1 wrote: post #273

I'm investing in local energy - solar on my roof and electric cars in my garage. Maybe it doesn't make financial sense for everyone to do this, but the more people who do it, the less demand will exist for fossil fuels. This is a free market opportunity. Over 7 years, the solar should pay for itself, and then it's pure profit.

7 years, I guess the math including car is required. I cannot make it work over 20+ years.

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

#294

Post by Paradigm2020 »

danny_codes wrote: post #258
jmward01 wrote: post #139

Earlier quoted context omitted.

The symbolism, and the stupidity, was there though. As time has gone on it has been more clear every year how intelligent Carter's administration was and how terrible the following administration was. Investing in/promoting solar was just one of many smart moves by Carter that were attacked purely to gain political points that only harmed us in the long run.

Carter was too good for America, in the sense that he was actually a good person (sidenote is he still alive?).

December 29, 2024,

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

#295

Post by D-Coder »

TheSpiceIsLife wrote: post #168
standardUser wrote: post #136

Earlier quoted context omitted.

They are taking money committed to a wind project and redirecting it towards burning fossil fuels - because what other lesson can we take from a global energy shock other than to increase our exposure to the next one? The company itself (France's Total) had already committed to the wind deal, so now the Trump admin is letting them off the hook, and using Trump's irrational refusal to issue licenses for wind power as…

[flagged]

> There are no fully electric, or even hybrid, options for the type of vehicle I drive.

So fucking what? Keep driving your air-pollution vehicle. No one (not even Obama or Biden) is trying to take it away from you.

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

#296

Post by HerbManic »

delecti wrote: post #292
deaux wrote: post #276

Earlier quoted context omitted.

> 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. It's not likely at all if you've looked at the polls for France, Germany, the UK and Spain, and how those have been trending over the last decade.

You're going to have to be less vague.

I think they are talking about the rise of right wing populism with a wiff of Authoritarianism.

But that is just a guess on what OP means.

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

#297

Post by hedora »

tempestn wrote: post #246
carlosjobim wrote: post #243

Earlier quoted context omitted.

They don't want another surprise attack from the sea like pearl harbor.

You're saying offshore wind farms would prevent the US from detecting an intercontinental attack crossing the ocean?

Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn

https://en.wikipedia.org/wiki/R%27lyeh

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

#298

Post by hedora »

ericfr11 wrote: post #232
while_true_ wrote: post #101

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…

GOP capitalism at its worst: take public money and give it to private interests, without any thoughts of what makes sense.

"Trump asked oil and gas executives in 2024 to raise $1 billion for his campaign and told them he’d grant their policy wish list if he won. The investment, he said, would be a “deal” given the taxes and regulation they would avoid under his presidency. He also offered to help fast-track fossil fuel industry mergers and acquisitions if he won."

https://www.brennancenter.org/our-work/analysis-opinion/foss...

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

#299

Post by hedora »

tomjakubowski wrote: post #225
sgerenser wrote: post #222

Earlier quoted context omitted.

Plurality, not majority. (Not that I’m excusing the dumb dumbs who decided not voting was a viable course of action when they decided that “both sides” were running bad candidates).

With Trump getting a little bit less than half the vote and a 65% turnout, "did not vote" was the plurality.

So, in this case, "plurality" means "third place".

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

#300

Post by ineedaj0b »

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?

They seem to be buying a nice house/condo in a good area and having kids.

Investment wise they are doing well.

They often own multiple homes.

They are not “smart” if they think a civil war will go down.. that’s poorly read people imo, sentiment pushed by the group that lost elections. And sooo context unaware. Could these people name any politics outside the US? Nope. Clueless, which is why they lost the election.

Some very smart friends are making investments in SA irt building factories.

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