In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey.

  • GBU_28@lemm.ee
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    20 hours ago

    How would nationalization help here? Executive pressure did this

    • Bluefalcon
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      10 hours ago

      By dragging their feet, it allowed them time to prolong it. Companies promise they will do something until they are either forced or heavily incentivised to do it. See lowering drug prices medicaid/medicare as an example.

      • GBU_28@lemm.ee
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        9 hours ago

        That assumes there’s executive desire… With the wrong leadership we’d be steering back to 100% coal

        • Bluefalcon
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          9 hours ago

          With a well setup department, that is hard to do. For years republicans have tried to kill the USPS. However it still stands and out performances private companies. Everyone wants to base our future on Trump but he will pass. Unless the people decide to do nothing again then he will be gone.

          • GBU_28@lemm.ee
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            8 hours ago

            If it was any president in the last 30 years oil would still be a huge thing.

            Youd have to reincarnate Carter to get a president interested in headlining green energy over fossil

            • Bluefalcon
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              7 hours ago

              Oil is still huge. We still subsidize fossil fuel each year. Biden and Obama invested in clean energy too.