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.
Just imagine when MAGA realised that there’s a whole world out there beyond the US and that they are betting big on renewables. Shell knows this and will probably just redeploy that capital to a more friendly jurisdiction, I really don’t see how they can continue to rely on fossil fuels when you see what’s happening in the rest of the world
A win for Trump, a loss for the rest of the world
much like his continued existence
It’s almost like we should nationalize our energy and resources. Nope, let companies continue running shit.
How would nationalization help here? Executive pressure did this
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.
That assumes there’s executive desire… With the wrong leadership we’d be steering back to 100% coal
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.
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
Oil is still huge. We still subsidize fossil fuel each year. Biden and Obama invested in clean energy too.
Imagine how wildly irresponsible a national project would be though. Every time it switched to Republican hands they’d start sabotaging it, and then claiming government is inefficient.
We do that now.
