3 ms·
I wish there was more context as to what the deal actually was instead of a highlight reel of late 2000s era right wing slogans like "drill baby drill". It's f
by bko 2mo ago
I wish there was more context as to what the deal actually was instead of a highlight reel of late 2000s era right wing slogans like "drill baby drill".
It's framed as US government giving $1.2b to German company not to build something (which is weird in its own right). But after drilling into it (correct me if I'm wrong):
RWE is a large German utility
It paid $1.2b for development rights and invested a bunch of money.
The US passed policies that made it impossible to develop the plan.
So it's essentially a negotiated unwind of government-issued property/development rights. US changed the rules, made the lease ineffective and compensated the leasee. But the deal was that instead of RWE just taking the money they agreed to other development projects related to natural gas (better in my opinion).
You might disagree with the policies that made these wind farms impossible or whether the buy out of federal leased land is fair to one party or another. But I wish articles actually cared enough to describe the situation clearly.
Questions I would like mentioned in the article in place of Trumps rhetoric about "big ugly windmills" is details about the actual restrictions that made it impossible, history of it, impact, etc.