Given the choice between bringing on a huge source of zero-marginal cost electricity to slash consumer bills or just lighting a billion taxpayer dollars on fire, the Trump administration will always choose the latter.
https://www.canarymedia.com/articles/offshore-wind/trumps-latest-salvo-upend-offshore-wind-pay
Trump’s latest salvo to upend offshore wind: Pay firms not to build it
The administration will pay TotalEnergies $1B to end its offshore wind leases and invest in LNG exports. Critics say the move could make energy even more…
Canary MediaThe Trump admin spiked the price of oil and blocked offshore wind and pulled a loan for a transmission line to bring cheap electricity to market and slashed support for energy efficiency so consumers could spend less and cut access to EV tax credits to save gasoline…