HN title (currently reads "US govt pays TotalEnergies nearly $1B to stop US offshore wind projects") is editorialized and it's unclear to me whether it's accurate. The article says:
> We're partnering with TotalEnergies to unleash nearly $1 billion that was tied up in a lease deposit that was directed towards the prior administration's subsidies
What's the deal with this lease deposit and how does "freeing it up" equate to the US govt "paying" TotalEnergies that amount?
Is this a situation where TotalEnergies put down a 1B deposit to lease the seashore from the government and the government is now canceling that agreement and giving them their money back? How does it relate to "subsidies"?
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 wind projects let them pay for it.
> 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 President Donald J. Trump’s Energy Dominance Agenda, the American people will no longer pay for ideological subsidies that benefited only the unreliable and costly offshore wind industry.
> For its part, TotalEnergies will invest $928MM, on the following projects in 2026:
The development of Train 1 to 4 of Rio Grande LNG plant in Texas;
The development of upstream conventional oil in Gulf of America and of shale gas production.
Following TotalEnergies’ $928 million in investments in affordable, reliable and secure U.S. energy projects, the United States will terminate the following leases and reimburse the company
The “nearly $1 billion” is clearly referring to “TotalEnergies's $928 million investment in two wind farm leases off the North Carolina and New York coasts.”
I think you’ve stated it too politely. :) The current HN title is a lie meant to generate outrage.
Not sure how it relates to subsidies, but it is what you said. The government is cancelling wind shore projects leased to TotalEnergies under the Biden admin for ~$930 million.
The Trump admin is paying them back with the understanding that TotalEnergies will reinvest the money into oil and gas operations in the US
The guy is unhinged, hellbent on denial, just to appease his base, who are going bankrupt because of his policies. Would he pay Sun as well to stop shining over the US?
The overrated and very annoying "sun", the so-called "star" that our planet goes around has been going unquestioned for too long! Many people have been asking for a long time, perhaps even before Obama, to remove the sun from the sky and replace it with our beautiful clean coal towers!
It's even stupider than that, it's not even to appease his base, it's a personal grudge. Trump sued a wind energy company to prevent them from building an off-shore wind farm in view of his golf resort in Scotland. He lost that case badly and he has been railing against wind energy specifically ever since.
So far Trump hasn't done much to prevent solar farms from being built, it's only wind turbines that he's exacting his vengeance on like some sort of modern day Don Quixote.
I really want to see the legal verbiage guaranteeing this right. Like, how many mutations can covid virus get before it legally could be sprayed on patriotic Americans?
If the government would like to pay me to also not build wind turbines, hit me up. I mean, I wasn't going to build any in the first place, but I think this makes me qualified to continue not building any.
Do I have it right that the two projects that this deal kills off haven't seen any construction work yet? These aren't among the projects that the stop work orders were issued against in December, right?
My quick skim, I think you are right. This is getting them to halt new development, by buying them off with the equivalent of the subsidies the current administration cancelled.
These ones no construction had been started yet AFAIK.
If AI summery is to be trusted, a few other windparks got stopped that where almost done, but got completed anyway after a legal battle. Vineyard Wind 1, Coastal Virginia (CVOW), Empire Wind 1, Revolution Wind, Sunrise Wind.
Again, got it from AI, make of that what you want.
> "TotalEnergies CEO Pouyanné said offshore wind was 'not the most affordable way to produce electricity' in the US, which he identified as being natural gas-fired power plants. [...] So it was a win-win dialog," he said."
Pouyanné is only 62 years old. If, as I hope, there are criminal trials in the future for those responsible for recklessly endangering life on this planet, then I hope that he is still alive and that statements like this form part of the prosecution. Unfortunately Trump will be long dead by then.
This will not be a learned more robustly in the US until one or both of the only two (edit: major) gas turbine manufacturers in the world (GE Vernova, Siemens Energy) suffer a tail risk event causing their failure. Backlog for new gas turbines is ~7 years, as of this comment. Continued production capacity is a function of how fragile those two companies are.
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)
People laugh at this, but anthracite genuinely is cleaner than other coal in every regard save CO2 emissions. People just think it's a joke because they've come to believe that CO2 is the only coal emission worth caring about, which definitely isn't true.
It's awesome the US hasn't destabilized one of those neighbors and alienated the other one by declaring it the prospective 51st state. Soft power really is America's super power.
> The US (with Canada and Mexico) is self-sufficient with fossil fuel energy.
Oh boy can't wait for the reenactment of third reich intervening peacefully in czechoslovakia, for their own safety and wellbeing of course, and not at all for the resources they're hoarding, the filthy hoarders.
Sure, if we build out refining capacity for the next ten years. Then we're golden until we run out of the finite well of combustible dead algae. So if you think we can revitalize American manufacturing and resource processing starting now, and you're okay with those investments being worthless in a few decades, and you don't give a shit about rendering the planet significantly less habitable to human life, then yeah, we're totally self-sufficient with fossil fuels.
Or we could, you know, pull energy out of the air and sun, a strategy which will be viable until our star dies.
Alberta tar sands have hundreds of years worth of reserves. They're also expensive and incredibly dirty to extract and emit significantly more CO2 during processing than a light oil well will. (The tar is usually melted by heating with natural gas).
I'm quite confident cheap renewable alternatives will make the tar sands inviable far before they run out.
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.
I do find the slow Sovietization of America funny, both mentally and economically. The year is 2050, autarky on energy has been established, the markets cut off, politics in the hands of erratic and geriatric leaders. Americans proudly drive 30 year old Fords the way people used to drive Ladas, while China exports green energy, cars and infrastructure to the world.
The US is unable to implement export controls so consuming less than it creates doesnt mean theres enough since producers will export if international prices are better
I'm investing in property in places that will allow me to get permanent residency without jumping through too many hoops.
You theoretically lose yield compared to the S&P average - but if you're hedging your bets against the US possibly going to shit - the S&P is unlikely to perform as well as its historic average IFF that scenario unfolds.
Lol thats trivial if you actually know history and politics a tiny bit - Switzerland. 800 years of most free citizens in the world (lost that armed part but still valid for whole Europe with maybe Finland having similar numbers).
Salaries in tech sector still give you higher overall quality of life than most of US can ever offer. Then you have - extremely beautiful nature at your doorstep, more top notch destinations like Italy and France just at the border, very low criminality compared to US, very good free healthcare, very good free education including top notch public universities, very well functioning social programs. One doesn't have to be ashamed their taxes go to killing innocent civilians half around the world (although at this point US population including folks here seems fine with that). And so on and on and on.
Also, you don't spend your whole active life getting it and (almost) burning out for that, 40h/week and then you can live your life and chase dreams and passions.
Quite a few swiss residents would be happy to have this (or at least some more cost control).
There's mandatory health insurance with preexisting condition coverage, but it's not free (tho it's partially tax supported, depending on location and income).
I 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 sure how I can still be shocked but here I am.
And I say that not as some rabid renewables person. Just the insane binary thinking, regardless of the dollars and cronyism at work. There's zero room for nuance, which I guess is my biggest complaint about the world at large.
Aside: people who think climate change will be the death of us all, and sooner than later, I get it, and I fully appreciate you pushing for a cleaner and more livable world. At this point I'm just going to sit in the corner and hope you, and China, figure it out and then it spreads quickly to the rest of the world, which I think at this point is pretty much a foregone conclusion barring a nuclear war (will refrain from commenting about how the likelihood of that has ticked up the past couple of weeks in an area teeming with (sarcastically shocked this time!) fossil fuels).
This might surprise you, but only a minority of eligible voters vote. So while it looks like 50% of people believe this is a good strategy and we should do it based on the percentage of people who voted for Trump, in reality a minority of people in the US believe this is good. The problem is that few of those people vote.
So in all seriousness, if we could get a significant fraction of the young people who are negatively impacted by these policies to actually vote against the people enacting them we could see real change. But if we keep telling them everyone believes in this stuff and your vote doesn't count and so on then nobody will do anything about it until it's too late and we're shooting at or throwing rocks at each other.
> if we keep telling them everyone believes in this stuff and your vote doesn't count and so on
I don’t know if you can fix lazy. Turning out new voters basically happens once a generation. The rest tell themselves tales that their vote could never matter, and in doing that, subtly endorse the status quo.
This is kind of why I ultimately find cynicism to inherently lazy. This is coming from a very cynical (and often lazy) person.
It takes no effort to be cynical, I can tell myself "everything sucks and I shouldn't care because nothing matters anyway" and justify not doing anything I want. I can justify not voting, I can justify not helping someone if I see them struggling on the street, I can justify not even improving myself.
In the last couple years I have been trying my best to override my cynical tendencies because ultimately I think that they are bad for me. I vote in every election I am able to because even if it's infinitesimal, I at least tried to do something to avoid whom I deem bad people getting into office.
Agree. And look, being cynical and just minding your own matters is fine. It means the system is working well enough for that person that doing anything isn’t actually worth it. But those people are also electorally—and more broadly, politically—irrelevant. So if you’re trying to do something, betting on them tends to be a losing pitch.
Your comment is extremely reductionist and reverses causality for a large number of voters. Both political parties have multi-decade track records of aggressively supporting pro-corporate political agendas at the expense of their constituency. So in light of literal decades of watching prospects decline regardless of which party is currently in power many voters (correctly) conclude that their vote will not lead to meaningful change.
> in reality a minority of people in the US believe this is good.
I'm not convinced. The reason why many of these people don't vote is because they don't think Trump is that bad. They probably don't agree with everything, but that's true no matter who is in office.
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.
Wind turbines are also miniscule compared to issues like pollution, land use, windows, and cats. Also you can track migration and turn them off at key times if it's a huge issue (this is part of the motivation for research I'm going to do later as part of my master's dealing with tracking hawk flocks via weather radar).
Wind turbines are an issue but approximately 0% of the 30% decline in US birds since the 1970s
Edit: to be specific to Trump, funding for bird conservation has been an issue under his administrations and he's weakened things like migratory bird treaty act. Obviously he doesn't care about birds and the bird community is very frustrated with him
Never thought about it, but that's a great point and comparison. From quick Google search: 365 million and 988 million birds die every year from window collisions (that's US alone). Windmills/turbines: 140,000 and 679,000. Then if you do per windmill vs. per building obviously the windmills are going to "win," but it's the absolute that would seem to matter in this case.
As you said, that has nothing to do with the actual preference for fossils vs. turbines, but a great point nonetheless.
Kidnapping the leader of a sovereign nation to put them on show trial and plotting to steal the country's natural resources. Blockading and strangling an island country to the point of economic collapse. Opining out loud about annexing their northern neighbours. The list goes on and on..
None of the institutions function, or do the thing that we used to explain to children what they do. The whole thing demonstrably does not exist. You're welcome to describe my view with whatever pejorative you prefer.
> do the thing that we used to explain to children what they do. The whole thing demonstrably does not exist
Something misfunctioning doesn’t mean it doesn’t exist. A massive economy, industry and war machine are still here. Pretending that doesn’t exist because it doesn’t work the way we like is an expression of exasperation, not a description of reality.
This level of doomerism is absurd. Of course the US will survive this administration. I blame the news for making every breathe by whichever opposition seem like the next WWIII.
The land will be there. (most of) people will be there. What parent probably meant is losing everything good and positive United States of America represented in past 80+ years, internally and globally.
That is gone my friend, with the wind like a sulfuric fart, for good. US is becoming a global terrorist and enemy #2 of free world and certainly whole Europe (right after its biggest and only 'friend', russia which coincidentally keeps trying to make you a thing of the past). This comes from somebody who strongly believed in your role in global hegemony despite your numerous well documented fuckups in the past. All on the whims of one visibly mentally sick man, with absolutely nobody standing up to him despite nobody really believing in any of that bullshit. No principles, just plain greed and firm fuck-the-rest approach. Right now, if Europe needs a strong big ally it will be #1 China, and then... nothing.
The fact you voted him in, and he still has massive support, and there has been 0 overthrow attempts of the biggest traitor to US in its history tells me and everybody else in the world many things, but nothing positive. Even if next election, if they will happen, will have 98% win of the democracts with that ridiculous unfair and undemocratic system of yours, it won't change a permanent shift that started and keeps happening. US has no real allies, in same vein russia or China has no real allies.
Empires rise and fall, inevitably, there was never a reason to think US would be an exception.
I believe this has a lot to do with Coastal Radar IIRC. I believe that fact will be lost in the myriad of identify politics and finger point which the comment section is about to delve into.
This was a known risk for decades on every coastal wind project, and would have been a part of the earliest risk assessments for this project. The people building these projects are generally not as stupid as the administration trying to tear them down.
IIRC it does not. There has been some discussions by folks around it, but so far no evidence has pointed to it being a primary motivation.
The evidence we do have is that republicans have had a party vendetta against clean energy for decades, and their current leader has had a personal vendetta specifically against wind turbines, also for decades.
This seems like a good thing considering the “TotalEnergies CEO Pouyanné said offshore wind was "not the most affordable way to produce electricity" in the US, which he identified as being natural gas-fired power plants.”
Not sure why we’re building offshore wind plants when land based gas plants provide cheaper energy. We need to be reducing the cost of living for working people and not raising it. Our goal should be to reduce people’s cost of living and we should align our actions towards those goals.
Wind and solar are consistently the cheapest forms of new energy generation. Pouyanné knows that. He is being a politician here, saying what he knows will play well with the current administration. When in Rome...
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?
We should not be distracting ourselves with offshore wind technology and should instead be focusing on expanding cheap power generation (gas, coal) and pushing for new nuclear builds and more fusion research to address environmental concerns.
HN title (currently reads "US govt pays TotalEnergies nearly $1B to stop US offshore wind projects") is editorialized and it's unclear to me whether it's accurate. The article says:
> We're partnering with TotalEnergies to unleash nearly $1 billion that was tied up in a lease deposit that was directed towards the prior administration's subsidies
What's the deal with this lease deposit and how does "freeing it up" equate to the US govt "paying" TotalEnergies that amount?
Is this a situation where TotalEnergies put down a 1B deposit to lease the seashore from the government and the government is now canceling that agreement and giving them their money back? How does it relate to "subsidies"?
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 wind projects let them pay for it.
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 President Donald J. Trump’s Energy Dominance Agenda, the American people will no longer pay for ideological subsidies that benefited only the unreliable and costly offshore wind industry.
> For its part, TotalEnergies will invest $928MM, on the following projects in 2026:
The development of Train 1 to 4 of Rio Grande LNG plant in Texas; The development of upstream conventional oil in Gulf of America and of shale gas production. Following TotalEnergies’ $928 million in investments in affordable, reliable and secure U.S. energy projects, the United States will terminate the following leases and reimburse the company
[1] https://www.doi.gov/pressreleases/interior-and-totalenergies...
The “nearly $1 billion” is clearly referring to “TotalEnergies's $928 million investment in two wind farm leases off the North Carolina and New York coasts.”
I think you’ve stated it too politely. :) The current HN title is a lie meant to generate outrage.
Not sure how it relates to subsidies, but it is what you said. The government is cancelling wind shore projects leased to TotalEnergies under the Biden admin for ~$930 million.
The Trump admin is paying them back with the understanding that TotalEnergies will reinvest the money into oil and gas operations in the US
The guy is unhinged, hellbent on denial, just to appease his base, who are going bankrupt because of his policies. Would he pay Sun as well to stop shining over the US?
The overrated and very annoying "sun", the so-called "star" that our planet goes around has been going unquestioned for too long! Many people have been asking for a long time, perhaps even before Obama, to remove the sun from the sky and replace it with our beautiful clean coal towers!
https://fee.org/articles/the-candlemakers-petition/ This feels relevant
It's even stupider than that, it's not even to appease his base, it's a personal grudge. Trump sued a wind energy company to prevent them from building an off-shore wind farm in view of his golf resort in Scotland. He lost that case badly and he has been railing against wind energy specifically ever since.
So far Trump hasn't done much to prevent solar farms from being built, it's only wind turbines that he's exacting his vengeance on like some sort of modern day Don Quixote.
I feel like Total could have pushed for more, much more.
It's very important that Windmills and 5G antennas do not spray Covid19 on proud patriotic americans
I really want to see the legal verbiage guaranteeing this right. Like, how many mutations can covid virus get before it legally could be sprayed on patriotic Americans?
If the government would like to pay me to also not build wind turbines, hit me up. I mean, I wasn't going to build any in the first place, but I think this makes me qualified to continue not building any.
Do I have it right that the two projects that this deal kills off haven't seen any construction work yet? These aren't among the projects that the stop work orders were issued against in December, right?
My quick skim, I think you are right. This is getting them to halt new development, by buying them off with the equivalent of the subsidies the current administration cancelled.
What an amazing deal. We get nothing and the contractors we negotiated with get money for it!
Truly, the deals this administration crafts are nonpareil!
These ones no construction had been started yet AFAIK.
If AI summery is to be trusted, a few other windparks got stopped that where almost done, but got completed anyway after a legal battle. Vineyard Wind 1, Coastal Virginia (CVOW), Empire Wind 1, Revolution Wind, Sunrise Wind.
Again, got it from AI, make of that what you want.
The feds have dropped their attempts to stop those from ongoing construction for now, but only one of those projects is complete.
CVOW is supposed to flow first power this month, but won't be done for ~a year, Empire Wind is also end of '26/early '27, Sunrise later in 2027.
Vineyard was completed this month, and Revolution is delivering power and targets completion over the next few months.
Can I get free money for not doing something the president doesn't like? I'm not doing anything as we speak!
> "TotalEnergies CEO Pouyanné said offshore wind was 'not the most affordable way to produce electricity' in the US, which he identified as being natural gas-fired power plants. [...] So it was a win-win dialog," he said."
Pouyanné is only 62 years old. If, as I hope, there are criminal trials in the future for those responsible for recklessly endangering life on this planet, then I hope that he is still alive and that statements like this form part of the prosecution. Unfortunately Trump will be long dead by then.
Win. Win.
I'm reminded of Reagan taking down the White House solar panels.
We truly live in the bad place
Fortunately, fossil fuels are a stable and geopolitically risk-free source of energy.
They're a relatively stable and risk-free source of money for a certain kind of politician.
The energy part is incidental.
Is this the biggest Woosh of the year?
Is this comment on purpose? The whooshes are getting hard to track!
They are also organic, all-natural, and fat-free! And renewable on geological timescales.
Contrary to windmills, which slows down the rotation of the earth.
Doesn't that depend whether you point them east or west?
Point them north and you'll increase Earth's axial tilt.
I think you just solved both leap seconds and daylight savings time.
Won't someone think of the ~children~ birds?!
This will not be a learned more robustly in the US until one or both of the only two (edit: major) gas turbine manufacturers in the world (GE Vernova, Siemens Energy) suffer a tail risk event causing their failure. Backlog for new gas turbines is ~7 years, as of this comment. Continued production capacity is a function of how fragile those two companies are.
The White House’s Bet on Fossil Fuels Is Already Losing - https://www.bloomberg.com/opinion/articles/2025-10-28/white-... | https://archive.today/vpvch - October 28th, 2025
Gas-Turbine Crunch Threatens Demand Bonanza in Asia - https://www.bloomberg.com/news/newsletters/2025-10-07/gas-tu... | https://archive.today/z4Ixw - October 7th, 2025
AI-Driven Demand for Gas Turbines Risks a New Energy Crunch - https://www.bloomberg.com/features/2025-bottlenecks-gas-turb... | https://archive.today/b8bhn - October 1st, 2025
(think in systems)
Both of those are big wind tubine manufactres as well.
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)
And clean. Really, really clean. Just look at coal. A no-brainer. Go for it.
You mean "clean coal", right? Of course it's clean, it's right in the name.
People laugh at this, but anthracite genuinely is cleaner than other coal in every regard save CO2 emissions. People just think it's a joke because they've come to believe that CO2 is the only coal emission worth caring about, which definitely isn't true.
The US (with Canada and Mexico) is self-sufficient with fossil fuel energy.
It's awesome the US hasn't destabilized one of those neighbors and alienated the other one by declaring it the prospective 51st state. Soft power really is America's super power.
Unfortunately, we share the planet and the atmosphere with it.
If the US taunts someone into a nuclear war, the rest of us get to live but should be investing more in cancer research.
I’d wager the US is self sufficient also in terms of renewable energies.
But it gets traded globally. That means if the price goes up in Asia, it also goes up in NA.
> The US (with Canada and Mexico) is self-sufficient with fossil fuel energy.
Oh boy can't wait for the reenactment of third reich intervening peacefully in czechoslovakia, for their own safety and wellbeing of course, and not at all for the resources they're hoarding, the filthy hoarders.
Sure, if we build out refining capacity for the next ten years. Then we're golden until we run out of the finite well of combustible dead algae. So if you think we can revitalize American manufacturing and resource processing starting now, and you're okay with those investments being worthless in a few decades, and you don't give a shit about rendering the planet significantly less habitable to human life, then yeah, we're totally self-sufficient with fossil fuels.
Or we could, you know, pull energy out of the air and sun, a strategy which will be viable until our star dies.
Alberta tar sands have hundreds of years worth of reserves. They're also expensive and incredibly dirty to extract and emit significantly more CO2 during processing than a light oil well will. (The tar is usually melted by heating with natural gas).
I'm quite confident cheap renewable alternatives will make the tar sands inviable far before they run out.
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.
another option is not to shit on all countires who do have resources driving the prices up for everyone.
I do find the slow Sovietization of America funny, both mentally and economically. The year is 2050, autarky on energy has been established, the markets cut off, politics in the hands of erratic and geriatric leaders. Americans proudly drive 30 year old Fords the way people used to drive Ladas, while China exports green energy, cars and infrastructure to the world.
Ireland during the famine was self sufficient with food production but that didn't stop people from sending food to the highest bidders abroad.
The US is unable to implement export controls so consuming less than it creates doesnt mean theres enough since producers will export if international prices are better
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?
I'm investing in property in places that will allow me to get permanent residency without jumping through too many hoops.
You theoretically lose yield compared to the S&P average - but if you're hedging your bets against the US possibly going to shit - the S&P is unlikely to perform as well as its historic average IFF that scenario unfolds.
I live in iowa - all my electric comes from wind, and I drive an ev or bike. I'm not worried
I'd leave the US if the tech jobs didn't pay so much better here.
I mostly like the US but the years since Obama have been rough
Please list the more serious and stable country if America collapses.
I’ll wait.
On a serious note;
I’m looking at my billion dollar neighbors and they all just are citizens everywhere now. No allegiance to anything but their own pleasure.
> Please list the more serious and stable country if America collapses.
Chinahhhh.
Switzerland?
Lol thats trivial if you actually know history and politics a tiny bit - Switzerland. 800 years of most free citizens in the world (lost that armed part but still valid for whole Europe with maybe Finland having similar numbers).
Salaries in tech sector still give you higher overall quality of life than most of US can ever offer. Then you have - extremely beautiful nature at your doorstep, more top notch destinations like Italy and France just at the border, very low criminality compared to US, very good free healthcare, very good free education including top notch public universities, very well functioning social programs. One doesn't have to be ashamed their taxes go to killing innocent civilians half around the world (although at this point US population including folks here seems fine with that). And so on and on and on.
Also, you don't spend your whole active life getting it and (almost) burning out for that, 40h/week and then you can live your life and chase dreams and passions.
> very good free healthcare
Quite a few swiss residents would be happy to have this (or at least some more cost control).
There's mandatory health insurance with preexisting condition coverage, but it's not free (tho it's partially tax supported, depending on location and income).
I 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 sure how I can still be shocked but here I am.
And I say that not as some rabid renewables person. Just the insane binary thinking, regardless of the dollars and cronyism at work. There's zero room for nuance, which I guess is my biggest complaint about the world at large.
Aside: people who think climate change will be the death of us all, and sooner than later, I get it, and I fully appreciate you pushing for a cleaner and more livable world. At this point I'm just going to sit in the corner and hope you, and China, figure it out and then it spreads quickly to the rest of the world, which I think at this point is pretty much a foregone conclusion barring a nuclear war (will refrain from commenting about how the likelihood of that has ticked up the past couple of weeks in an area teeming with (sarcastically shocked this time!) fossil fuels).
Don't underestimate the power of money spend by the U.S. oil,gas,coal industry. For example:
https://en.wikipedia.org/wiki/Koch_network#Climate_change_an...
This might surprise you, but only a minority of eligible voters vote. So while it looks like 50% of people believe this is a good strategy and we should do it based on the percentage of people who voted for Trump, in reality a minority of people in the US believe this is good. The problem is that few of those people vote.
So in all seriousness, if we could get a significant fraction of the young people who are negatively impacted by these policies to actually vote against the people enacting them we could see real change. But if we keep telling them everyone believes in this stuff and your vote doesn't count and so on then nobody will do anything about it until it's too late and we're shooting at or throwing rocks at each other.
> if we keep telling them everyone believes in this stuff and your vote doesn't count and so on
I don’t know if you can fix lazy. Turning out new voters basically happens once a generation. The rest tell themselves tales that their vote could never matter, and in doing that, subtly endorse the status quo.
This is kind of why I ultimately find cynicism to inherently lazy. This is coming from a very cynical (and often lazy) person.
It takes no effort to be cynical, I can tell myself "everything sucks and I shouldn't care because nothing matters anyway" and justify not doing anything I want. I can justify not voting, I can justify not helping someone if I see them struggling on the street, I can justify not even improving myself.
In the last couple years I have been trying my best to override my cynical tendencies because ultimately I think that they are bad for me. I vote in every election I am able to because even if it's infinitesimal, I at least tried to do something to avoid whom I deem bad people getting into office.
Agree. And look, being cynical and just minding your own matters is fine. It means the system is working well enough for that person that doing anything isn’t actually worth it. But those people are also electorally—and more broadly, politically—irrelevant. So if you’re trying to do something, betting on them tends to be a losing pitch.
Your comment is extremely reductionist and reverses causality for a large number of voters. Both political parties have multi-decade track records of aggressively supporting pro-corporate political agendas at the expense of their constituency. So in light of literal decades of watching prospects decline regardless of which party is currently in power many voters (correctly) conclude that their vote will not lead to meaningful change.
> in reality a minority of people in the US believe this is good.
I'm not convinced. The reason why many of these people don't vote is because they don't think Trump is that bad. They probably don't agree with everything, but that's true no matter who is in office.
63.45% voted last time. Thats not a minority.
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.
Wind turbines are also miniscule compared to issues like pollution, land use, windows, and cats. Also you can track migration and turn them off at key times if it's a huge issue (this is part of the motivation for research I'm going to do later as part of my master's dealing with tracking hawk flocks via weather radar).
Wind turbines are an issue but approximately 0% of the 30% decline in US birds since the 1970s
Edit: to be specific to Trump, funding for bird conservation has been an issue under his administrations and he's weakened things like migratory bird treaty act. Obviously he doesn't care about birds and the bird community is very frustrated with him
And whales, don't forget the whales https://www.theguardian.com/us-news/2023/sep/26/trump-whale-...
and the noise causes cancer
Never thought about it, but that's a great point and comparison. From quick Google search: 365 million and 988 million birds die every year from window collisions (that's US alone). Windmills/turbines: 140,000 and 679,000. Then if you do per windmill vs. per building obviously the windmills are going to "win," but it's the absolute that would seem to matter in this case.
As you said, that has nothing to do with the actual preference for fossils vs. turbines, but a great point nonetheless.
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?
Simply insane.
If this is accurate the US is making itself look unreliable for major energy investment
The US is making itself look unreliable in every aspect
At least it doesn't seem like a direct payoff. So in that sense the title is clickbait.
> redirect those funds towards fossil fuel production [...] > US interior secretary [says] the deal was worth "nearly $1 billion
The rest of the comments here... yep.
Sorry, I do not know how else to say this:
Well hopefully when Trump is gone NY remembers this and tells Pouyanné to screw when they put out bids to restart the project.
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Kidnapping the leader of a sovereign nation to put them on show trial and plotting to steal the country's natural resources. Blockading and strangling an island country to the point of economic collapse. Opining out loud about annexing their northern neighbours. The list goes on and on..
We didn't even get the show trial!
Save the date! https://www.ctvnews.ca/world/article/maduros-next-us-court-d...
The United States has already been destroyed. It is no longer in question, or in the future tense.
This is comfortable doomerism. But it isn’t accurate. Moreover, it’s dangerous since the numpties who tend to believe it then politically disengage.
None of the institutions function, or do the thing that we used to explain to children what they do. The whole thing demonstrably does not exist. You're welcome to describe my view with whatever pejorative you prefer.
> do the thing that we used to explain to children what they do. The whole thing demonstrably does not exist
Something misfunctioning doesn’t mean it doesn’t exist. A massive economy, industry and war machine are still here. Pretending that doesn’t exist because it doesn’t work the way we like is an expression of exasperation, not a description of reality.
>The US, should it survive this administration
This level of doomerism is absurd. Of course the US will survive this administration. I blame the news for making every breathe by whichever opposition seem like the next WWIII.
Pax Americana is doomed. What the USA looks like post-hegemony is TBD.
The Pax Americana was already over when Russia siezed Crimea.
The land will be there. (most of) people will be there. What parent probably meant is losing everything good and positive United States of America represented in past 80+ years, internally and globally.
That is gone my friend, with the wind like a sulfuric fart, for good. US is becoming a global terrorist and enemy #2 of free world and certainly whole Europe (right after its biggest and only 'friend', russia which coincidentally keeps trying to make you a thing of the past). This comes from somebody who strongly believed in your role in global hegemony despite your numerous well documented fuckups in the past. All on the whims of one visibly mentally sick man, with absolutely nobody standing up to him despite nobody really believing in any of that bullshit. No principles, just plain greed and firm fuck-the-rest approach. Right now, if Europe needs a strong big ally it will be #1 China, and then... nothing.
The fact you voted him in, and he still has massive support, and there has been 0 overthrow attempts of the biggest traitor to US in its history tells me and everybody else in the world many things, but nothing positive. Even if next election, if they will happen, will have 98% win of the democracts with that ridiculous unfair and undemocratic system of yours, it won't change a permanent shift that started and keeps happening. US has no real allies, in same vein russia or China has no real allies.
Empires rise and fall, inevitably, there was never a reason to think US would be an exception.
The US is dead; it is now a Trumpian shithole.
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I believe this has a lot to do with Coastal Radar IIRC. I believe that fact will be lost in the myriad of identify politics and finger point which the comment section is about to delve into.
This was a known risk for decades on every coastal wind project, and would have been a part of the earliest risk assessments for this project. The people building these projects are generally not as stupid as the administration trying to tear them down.
It doesn't.
IIRC it does not. There has been some discussions by folks around it, but so far no evidence has pointed to it being a primary motivation.
The evidence we do have is that republicans have had a party vendetta against clean energy for decades, and their current leader has had a personal vendetta specifically against wind turbines, also for decades.
This seems like a good thing considering the “TotalEnergies CEO Pouyanné said offshore wind was "not the most affordable way to produce electricity" in the US, which he identified as being natural gas-fired power plants.”
Not sure why we’re building offshore wind plants when land based gas plants provide cheaper energy. We need to be reducing the cost of living for working people and not raising it. Our goal should be to reduce people’s cost of living and we should align our actions towards those goals.
Most people are cost sensitive!
Wind and solar are consistently the cheapest forms of new energy generation. Pouyanné knows that. He is being a politician here, saying what he knows will play well with the current administration. When in Rome...
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?
Uhm, I dunno if you just time travelled here from the 60s but there's this thing called global warming.
We should not be distracting ourselves with offshore wind technology and should instead be focusing on expanding cheap power generation (gas, coal) and pushing for new nuclear builds and more fusion research to address environmental concerns.