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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

#311

Post by hedora »

ecshafer wrote: post #6
adriand wrote: post #2

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.

Ignoring the part where just running everything off fossil fuel is suicidal for the planet, the US actually isn't self-sufficient with just fossil fuels.

https://ember-energy.org/latest-updates/fossil-fuels-fall-be...

Renewables are cheaper to build out, and we're facing a massive energy shortage. We need to be building renewable production as quickly as possible just to keep up with demand.

Insisting that we use obsolete, expensive and dirty technologies while the rest of the planet modernizes is just dumb.

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

#313

Post by hedora »

triceratops wrote: post #195
angelgonzales wrote: post #102

Earlier quoted context omitted.

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?

Does the gas turbine include externalities of fabricating, assembling, shipping installing, maintaining, and decommissioning oil drilling rigs? And of shipping, storing, and burning the gas? And the climate change caused by gas leaks? And the harms to humans, the fishing industry, and bird losses and whale harms by oil spills (I know you really care about those)?

I really want to know how in the hell whales are getting stuck in wind turbine blades. I want to see a video of this happening.

There's also the externality of paying for the natural gas, which is passed on to the consumer in the form of higher energy bills.

It probably also makes sense to include the $800M we are burning per day right now on patriot missiles (assuming the stockpile hasn't been depleted yet).

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

#315

Post by anon7725 »

maest wrote: post #253
cwal37 wrote: post #98

Earlier quoted context omitted.

You could go to the source and see[1]. > TotalEnergies has committed to invest approximately $1 billion—the value of its renounced offshore wind leases—in oil and natural gas and LNG production in the United States. Following their new investment, the United States will reimburse the company dollar-for-dollar, up to the amount they paid in lease purchases for offshore wind. Under this innovative agreement driven by P…

I know it's par for the course, but I'm constantly surprised to see how editorialised official communications from the US government are.

Everything is written in the voice of a terminally online Twitter troll. Every single communication from the U.S. federal government should be assumed to be a lie until proven otherwise.

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

#316

Post by samus »

eru wrote: post #268
entropicdrifter wrote: post #147

Earlier quoted context omitted.

Why would they do that when they already paid for a corrupt new regime to do it for them?

Slight tangent: The US is a net oil exporter. If fossil fuel companies were so influential, wouldn't we expect them to be in favour of less fossil fuel production elsewhere? Instead the what seems to be influential is the average Joe who's complaining about the price at the pump.

> in favour of less fossil fuel production elsewhere?

Another slight tangent: the street of Hormuz being closed has them covered nicely there currently.

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

#317

Post by throwingcookies »

adriand wrote: post #2

Fortunately, fossil fuels are a stable and geopolitically risk-free source of energy.

The US has their own oil fields.

If they can burn down the EU in that ongoing crisis, they don't care.

That's likely the strategy the administration is running.

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

#318

Post by dalyons »

lovich wrote: post #288
TheSpiceIsLife wrote: post #265

Earlier quoted context omitted.

I live in Australia.

Then why are you asking > And even if there were, are you (tax payers) prepared to buy it for me, because I’m not due for an upgrade for about another 400,000 kilometres. When commenting on a story about an American infrastructure project that does not affect you, your taxes, or how your taxes are implemented?

Because in every thread about EVs someone has to chime in with their niche gas only use case, as if that somehow matters to the overall needs of the vast majority of drivers. Cool, you area niche need. Don’t buy an ev for 10 years or so.

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

#319

Post by yanhangyhy »

This is the core flaw of the democratic system. Once a person gets elected, democracy effectively ends. Many of their policies may be harmful to the country, and their promises may not be fulfilled, but there is no punishment mechanism. As long as they step down from office, the media may criticize or mock them, yet no one really cares about the damage they caused.

Leaving aside the fact that offshore wind power is already a mature technology, at the current stage of human development we should be promoting this kind of clean energy as much as possible. I remember a scientist once said that resources like oil are non-renewable, and simply burning them is actually a waste. We should try to use them for other purposes whenever possible, since there are so many renewable energy sources available.

Of course, the lifespan of a country is shorter than that of oil, and the lifespan of a politician is even shorter than that of a country. That, too, is one of the tragedies of human society.

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

#320

Post by anonymous_user9 »

eru wrote: post #285
mh8h wrote: post #270

Earlier quoted context omitted.

US fossil fuel companies also make money from projects outside US. They explore, build the infrastructure, and operate oil fields for other countries.

Maybe. But it's not obvious that they would benefit from cheap petrol.

In that case, we should definitely reserve judgement on the weird payment stipulations then. The oil industry probably hates that the government is doing this, and we shouldn't cast aspersions on them.
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