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Trump just rescinded licenses for offshore wind farms via an EO. We're fucking cooked (and I mean this literally)
by andrepd 2y ago
Trump just rescinded licenses for offshore wind farms via an EO. We're fucking cooked (and I mean this literally)
- bayindirh 2y agoBefore downvoting the OP and, for more information, see: https://apnews.com/article/wind-energy-offshore-turbines-trump-executive-order-995a744c3c1a2eddb30cacf50b681f13 https://apnews.com/article/wind-energy-offshore-turbines-tru... https://www.utilitydive.com/news/trump-offshore-wind-leasing-permitting-executive-orders-energy/737835/ https://www.utilitydive.com/news/trump-offshore-wind-leasing...
- cko 2y ago> Offshore wind is among the sources of new power generation that will cost the most, at about $100 per megawatt hour for new projects connecting to the grid in 2028, according to estimates from the Energy Information Administration. That includes tax credits under the Inflation Reduction Act, which reduces the cost of renewable technologies. But onshore wind is one of the cheapest sources, at about $31 on average for new projects. I mean, I can see how numbers wise this decision makes sense.