• stopdropandprole@lemmy.world
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      2 months ago

      just so people are aware, this is FIFTH TIME the administration has done this: Source

      If this sounds at all familiar, it’s not your imagination. In March, the Republican administration announced that it had agreed to pay a foreign company almost $1 billion in American taxpayer money to abandon two wind farm projects that would have produced enough electricity to power more than 1.3 million homes and businesses […]

      At the administration’s insistence, the company will instead proceed with different energy projects that will cost more and pollute more. [thanks to] President Donald Trump, many American consumers will pay for the privilege of paying more to turn on the lights, all while polluting our own air.

      Then in April, it happened again, when the Republican administration announced plans to pay energy companies almost $900 million to abandon plans for two offshore wind farms. Two months later, Team Trump spent $765 million to buy back another group of offshore wind leases.

      In late June, a fourth example emerged, when the administration announced plans to pay Duke Energy $129 million to abandon an offshore wind project off the coast of North Carolina.

      With a fifth instance this week, the combined price tag for the developments is approaching $4 billion.

    • mecen@lemmy.ca
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      2 months ago

      I wonder if that company earned more from being banned from making wind turbines or would be from selling electricity

        • mecen@lemmy.ca
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          2 months ago

          Well yes but they earned money from anti windmill administration and I wondered how long would this farm would need to work to earn it back

      • buddascrayon@lemmy.world
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        2 months ago

        “After careful consideration, it was determined there is no path forward to permit these projects in the US for the foreseeable future,” the company said in a statement.

        From the article it looks like this wasn’t just a carrot being dangled but also a stick being threatened. My guess is that they foresaw the path to completion would be too fraught under the United States government as it is and they don’t see any point in fighting an unwinnable war when they can just get paid anyhow.

        The long and short of it is that Germany and Europe as well as the rest of the world at this point sees no point in investing in America’s future because we have none.

  • danc4498@lemmy.world
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    2 months ago

    Interior Secretary Doug Burgum said in a statement posted on X that Americans deserve an energy system built on common sense and not one dependent on “costly subsidies”.

    Thank god we’re not paying costly subsidies

  • deeferg@lemmy.ca
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    2 months ago

    Interior Secretary Doug Burgum said in a statement posted on X that Americans deserve an energy system built on common sense and not one dependent on “costly subsidies”.

    I actually want to vomit from how stupid as fuck that whole country is to not have done anything to these people.

  • Eddbopkins@lemmy.world
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    2 months ago

    1.2 billion of free money to not do work. Wow the trump administration sure knows how to waist money.

  • Sgt_choke_n_stroke@lemmy.world
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    2 months ago

    If I was president I would order every new wind turbine be planted out side every trump golf course in the United states. 6 per golf course and tackey hotel

  • melsaskca@lemmy.ca
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    2 months ago

    So it’s not just the american “business” people that are corrupt, it’s “business” people everywhere, throughout the land. Time to go back to hunting and gathering methinks. /s

  • whyNotSquirrel@sh.itjust.works
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    2 months ago

    Wow, that surely will attract business in the US if they start paying to not do something! Art of the deal indeed.

    Well I also can NOT build offshore whatever and I’ll not do it for half the price!

  • RamRabbit@lemmy.world
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    2 months ago

    They are getting paid $1.2B to build other power projects in the US. Not to simply do nothing.