Trump Administration to Pay German Firm $1.2 Billion to Cancel Wind Leases | It was the fifth such deal struck by the administration to get companies to drop offshore wind projects.
https://www.nytimes.com/2026/08/06/climate/rwe-trump-offshore-wind-canceled.html?unlocked_article_code=1.3VA.1W08.dokD9QRP-9Qk
142 points · 20 comments · view on lemmy.world
20 Comments
Asafum@lemmy.world · 54 pts · 23d
Fucking NYT, put it in real language "Trump administration to make taxpayers pay German Firm..."
homesweethomeMrL@lemmy.world · 12 pts · 23d
Yeah they’re not gonna do that. The NYT is a myth. Something befucked citizens talk about amongst themselves to make themselves feel better. A magical time when ‘a free press’ was to ensure power was held to account, and the general public was informed.
Not no more. Not for a long while.
phutatorius@lemmy.zip · 2 pts · 23d
Even the few high points of the NYT, such as the Watergate coverage, were aberrations in an otherwise nearly uniform history of servility and deference to the ruling class.
CharlesDarwin@lemmy.world · 30 pts · 23d
And at the stupidest of times ever - as more and more energy is being sought out for things like data centers....
Conservatives are such fucking morons.
EvilBit@lemmy.world · 21 pts · 23d
This is the dumbest shit ever. I hope they bungled a loophole into the deal and the firm will just come back next year and get new leases in different spots or something.
UnderpantsWeevil@lemmy.world · 9 pts · 23d
The plots have already been leased and demand for electricity is high enough. They probably will just kick these properties over to someone else while taking Trump's free money.
But, in the meantime, you get development delays and energy price inflation.
EvilBit@lemmy.world · 7 pts · 23d
Assuming the firm stays in wind power, then it’s basically a $1.2B subsidy for someone else’s wind power project. It’s not ideal, but it’s a silver lining.
YouTalkinToMe@lemmy.wtf · 1 pts · 22d
No, it's just next years C suite bonus.
homesweethomeMrL@lemmy.world · 4 pts · 23d
lemmyng@lemmy.world · 4 pts · 23d
Couldn't they rebrand and basically take Trump's monopoly money to continue the project under a new name?
EvilBit@lemmy.world · 5 pts · 23d
Like I said, loopholes. Paying someone to not do something under specific circumstances that could easily be done under different circumstances is a real smoothbrain move in any domain.
silence7@slrpnk.net · 1 pts · 23d
No. They no longer have the right to put turbines in the water there. Might be able to do it in state waters where California is talking about an offshore wind deployment.
Quacksalber@sh.itjust.works · 8 pts · 23d
So they're paying to get nothing. Peak Trump, right there.
Rothe@piefed.social · 1 pts · 23d
Well, Trump gets a fat bribe from US fossil fuel companies. That is all that matters to him. US citizens gets nothing, and they have to foot the bill for it all as well. Win-win for the oligarchs.
brem@lemmy.world · 7 pts · 23d
Don Pedxote hates windmills!?!?
homesweethomeMrL@lemmy.world · 8 pts · 23d
Bigly.
https://en.wikipedia.org/wiki/Donald_Trump_and_wind_energy
phutatorius@lemmy.zip · 3 pts · 23d
The purpose of this is to feed those obscene oil-company profits by pumping up demand. Same goes for the Iran war.
BigMacHole@thelemmy.club · 3 pts · 23d
Good! I LOVE being at the MERCY of Billionaire Oil Barrons!
-LITERALLY Republican Voters!
CharlesDarwin@lemmy.world · 2 pts · 23d
But oil is manly. Green energy is perceived as feminine, possibly gay.
The conservatives don't want to be perceived as female or gay. That's what is really driving so much of this.
YouTalkinToMe@lemmy.wtf · 0 pts · 22d
Coalie disagrees, even oil is a bit woke.