The Trump administration announced it will pay nearly $1 billion to French energy giant TotalEnergies in exchange for the company abandoning plans to build offshore wind farms in the Atlantic Ocean and instead pursue fossil fuel projects in the US.
We’re kind of not at all having an energy emergency, actually. Most states have pretty diverse energy generation portfolios, so electricity costs are not as responsive to global oil prices as e.g. gasoline for cars. The reality is there’s already tons of wind and solar online, and that’s going to continue even if Trump tries to stop projects on federally controlled land
I thought the US was having an energy emergency
We’re kind of not at all having an energy emergency, actually. Most states have pretty diverse energy generation portfolios, so electricity costs are not as responsive to global oil prices as e.g. gasoline for cars. The reality is there’s already tons of wind and solar online, and that’s going to continue even if Trump tries to stop projects on federally controlled land