Trump's antipathy to wind energy is lose-lose-lose
President Donald Trump’s weird hatred of offshore wind energy is costing a lot as Uncle Sam has to pay off the companies which had invested in the canceled projects. For the fifth time now, the Trump administration has agreed to pay an energy firm a huge sum of money, not for building something, but in fact for not building it. The German firm RWE announced that it would receive $1.22 billion to…
President Donald Trump's animosity toward offshore wind energy is proving to be a lose-lose-lose situation. The U.S. government has had to shell out hundreds of millions of dollars in order to prevent the completion of these projects, which would have otherwise brought economic benefits. This includes providing an energy firm with a $1.22 billion payout to halt the development of planned offshore wind farms, including one in New York.
The total amount of money committed by the Trump administration to kill wind energy now exceeds $4 billion. It is both remarkable and unfortunate that such a significant sum is being spent to avoid progress in renewable energy infrastructure. Many of Trump's decisions have been morally questionable, dangerous, authoritarian, and corrupt, but few have been as foolish as this one.
Instead of obstructing the way, Trump could have simply allowed these projects to proceed, thereby creating jobs and advancing the goal of energy independence for the United States.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Trump's antipathy to wind energy is lose-lose-lose koreatimes.co.kr
