1 of 1- Goose
- Cogito ergo sum
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Weak Federal Powers Could Limit Trump’s Climate-Policy Rollback
Weak Federal Powers Could Limit Trump’s Climate-Policy Rollback
With Donald J. Trump about to take control of the White House, it would seem a dark time for the renewable energy industry. After all, Mr. Trump has mocked the science of global warming as a Chinese hoax, threatened to kill a global deal on climate change and promised to restore the coal industry to its former glory.
So consider what happened in the middle of December, after investors had had a month to absorb the implications of Mr. Trump’s victory. The federal government opened bidding on a tract of the ocean floor off New York State as a potential site for a huge wind farm.
Up, up and away soared the offers — interest from the bidders was so fevered that the auction went through 33 rounds and spilled over to a second day. In the end, the winning bidder offered the federal Treasury $42 million, more than twice what the government got in August for oil leases — oil leases — in the Gulf of Mexico.
Who won the bid? None other than Statoil, the Norwegian oil company, which is in the midst of a major campaign to turn itself into a big player in renewable energy.
We do not know for sure that the New York wind farm will get built, but we do know this: The energy transition is real, and Mr. Trump is not going to stop it.
On a global scale, more than half the investment in new electricity generation is going into renewable energy. That is more than $300 billion a year, a sign of how powerful the momentum has become.
Continued at:
We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists.
- Common Sense
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Re: Weak Federal Powers Could Limit Trump’s Climate-Policy Rollback
I think this is wishful thinking from the NYT. Most of what Obama did was with Executive order's.
I would think that in the first few months we will see many of them modified or revoked!
Weak Federal Powers Could Limit Trump’s Climate-Policy Rollback
“We hold these truths to be self-evident,” former vice president Biden said during a campaign event in Texas on Monday. "All men and women created by — you know, you know, the thing.”
- tennyson
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Re: Weak Federal Powers Could Limit Trump’s Climate-Policy Rollback
Renewables are the way to go and even big oil is seeing the writing on the wall.
"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
- Goose
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Re: Weak Federal Powers Could Limit Trump’s Climate-Policy Rollback
Common Sense wrote:
I think this is wishful thinking from the NYT. Most of what Obama did was with Executive order's.
I would think that in the first few months we will see many of them modified or revoked!
Weak Federal Powers Could Limit Trump’s Climate-Policy Rollback
What do you think about the points raised by the article?
We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists.
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Thread Starter- Goose
- Cogito ergo sum
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- Registered: 1/29/2015
- Posts: 13,427
Re: Weak Federal Powers Could Limit Trump’s Climate-Policy Rollback
Renewables are the way to go and even big oil is seeing the writing on the wall.
Yes, when the guys who care about nothing but profit see the path,,,,,,, the new age has dawned.
But, why do folks in the political realm hang onto the past like an old bone?
We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists.
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Thread Starter