German energy company RWE has said it will abandon its offshore wind projects in the US after reaching a $1.2bn (£892m) payout deal with Donald Trump’s Department of the Interior (DOI).

RWE said that it will now reinvest the sum into conventional gas projects, including $900m (£669m) in a liquefied natural gas (LNG) export terminal project in Louisiana.

          • LazyBaby@lemmy.zip
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            3 months ago

            lol, I think this is the most important takeaway here. We feel a natural pull to understand as critical thinking humans, but at the end of the day, it doesn’t matter if it’s maliciousness or incompetence

        • Binturong@lemmy.ca
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          3 months ago

          Actually he’s a pants-shitting, trundling confluence of all of the worst possible qualities a person could have in this context: He hates American citizens and believes he is above them, and he is personally embittered by the rejection he experienced by the elites and craves spite and retribution, and is committed to the interests of rival powers by choice or by pressure, and is a brainbroke stroke victim with advanced dementia who was never actually intelligent to begin with, and also is just in all of this out of self-interest, whether that’s profit, indulgence, or just plain evading prison and consequences for his many many crimes.

          The issue here is that it can be, and is, many terrible things at once, but we humans tend to reduce everything to a single and primary cause… That’s not wrong to do, but it does blind us to the depth of the threat he poses and the future damage he will cause.

    • magnue@lemmy.world
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      3 months ago

      The US have more gas/oil resources than most other countries and especially China. It’s more financially efficient to use fossil fuels and the US economy is built around them. If there is a plan it seems to be putting the squeeze on global oil trade (Iran, Venezuela, Greenland), and then holding all the cards so that their economy prevails. The worst thing that could happen to them is the rest of the world being able to thrive without fossil fuels.

      I think they lose anyway though. It’s inevitable.

      • LazyBaby@lemmy.zip
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        3 months ago

        But renewables are already cheaper than fossil fuels and the rest of the world IS going to move on, we can’t stop them, he is limiting our ability to produce energy at the same time the economy is being propped up by new data centers

        • magnue@lemmy.world
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          3 months ago

          He’s (when I say he, obviously he’s not really in charge) creating an environment such that the world (especially Europe) can’t move on, by squeezing their need for fossil fuels in the short term and delaying their ability to invest in their own infrastructure. Furthermore, the USA is one of the best-placed countries (especially Vs china and europe) in a warming climate due to the size of their natural resources of water. Russia is a silent winner in all of this due to their own natural resources.

          If you look at the actions of the USA since trump took office, and ignore the figureheads on the television, the USA is doing the best it can to accelerate global warming and protect it’s own economy at all costs.

        • ExLisperA
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          3 months ago

          Yes but his golf buddies own fossil fuel companies, not renewables.

  • auzy1@lemmy.world
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    3 months ago

    The question is what gas companies does he own?

    He’s using government money to shut down the competition

  • humanspiral@lemmy.ca
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    3 months ago

    This is same deal that was announced 3-6 months ago? Company is getting free money to break lease, in exchange for investing 75% of it with likelihood of making good ROI from that money. US would have more energy if project stayed. I’m sure some climate terrorist interests will find money for LNG under the couch cushions.

  • Faithless@lemmy.world
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    3 months ago

    I really think je wants to have global warming kill humanity before hè dies himself. It’s the only explanation