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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

#351

Post by throwawayqqq11 »

hedora wrote: post #306
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?

Mostly, we're looking at global warming maps and trying to figure out whether we're in a spot that'll be habitable in 30 years, assuming worst-case climate projections (which are more optimistic than current trajectories). There aren't that many good places to move. Shorter term, we need to rotate investments out of USD. There are two obvious problems with exiting to a more stable country: (1) we'd be putting ourselv…

I will always wonder why the elites prefer building bunkers when they have been politically overrepresented the whole time.

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

#353

Post by eru »

samus wrote: post #316
eru wrote: post #268

Earlier quoted context omitted.

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.

Yes, that _would_ be evidence in favour of oil interests having influence in the government.

But that's also an unusual situation; and the US administration is also lifting sanctions on Russian oil at the same time.

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

#355

Post by justinclift »

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.

At a guess, they're probably happy to encourage continued reliance on petroleum, whilst the rest of the world is switching over to renewable energy.

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

#357

Post by justinclift »

sgerenser wrote: post #222
Braxton1980 wrote: post #216

Earlier quoted context omitted.

The majority of tax payers voted for this to happen

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).

> 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

Sounds like both candidates were terrible enough that quite a few didn't bother?

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

#358

Post by no-name-here »

kelnos wrote: post #329
Braxton1980 wrote: post #218

Earlier quoted context omitted.

The only idiots are the people who voted for Trump

It's tempting to dismiss them like that, but that doesn't fix anything. The reality is much more complicated. The Democratic party is far from perfect (they kinda suck, in fact), and if they aren't attracting voters, "the other side is just stupid" is a useless, arrogant way to go.

Attracting voters with things like repeatedly promising to drastically cut consumer prices on most everything ‘from day 1’, repeatedly promising no new wars/stopping being ‘the world police’, quickly ending the Russian invasion of Ukraine, etc?

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

#359

Post by 4gotunameagain »

Ey7NFZ3P0nzAe wrote: post #341
4gotunameagain wrote: post #335

Earlier quoted context omitted.

Israel(US) toddler tantrum dependent.

Although I found this funny, I'd prefer to see this kind of message on reddit than on HN.

It was not meant as a joke unfortunately.

But thank you for expressing your disapproval so kindly

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

#360

Post by b112 »

mh8h wrote: post #270
eru wrote: post #268

Earlier quoted context omitted.

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.

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

Indeed.

All the blather about Canadian "trade surplus" is actually oil.

US companies owning that infra sell that oil under market price, to their US corp divisions. The CEO, upper execs are usually American, and so their large salaries, and all corporate profits all flow to the US parent corp.

Canada of course sees some taxes per barrel of oil, and local employment, but when you remove all this, Canada has a massive trade deficit with the US

Of course for this US calls Canada trade unfair.

It's all smoke and mirrors.

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