After Trump’s fossil-fuel goons shut down Revolution Wind, I’ve been waiting for the phone to ring with the ransom demand.
But maybe this is attempted murder, not extortion, and there will be no demand.
🧵
But maybe this is attempted murder, not extortion, and there will be no demand.
🧵
That moves us to litigation, where my experience tells me the discovery phase will be fascinating as the lawyers dig into the true motivations and scheming behind this ugly fossil-fuel thuggery.
In the meantime, it’s worth spotlighting the corruption. This is a switcheroo to replace the clean energy electrons from Revolution with polluting fossil-fuel-generated electrons, adding revenues to Trump’s political patrons and string-pullers.
The fossil fuel plan administered by Trump goons is to destroy energy alternatives until the choice is between tolerating climate upheaval versus having no electricity. In that stark environment, fossil fuel can keep profiting and polluting.
Until insurance markets, home mortgage markets, and property values all collapse in climate-endangered areas (from flood and wildfire risk both), taking down the economy and segments of the financial system — as now predicted, by the way.
Or until American businesses see their competitiveness erode against international rivals benefitting from cheaper, more abundant, non-polluting energy, and/or are unable to keep up with technology as the world moves to cleaner, cheaper power.
Where is the outrage from business? This is the biggest single destruction of business investment I can think of, after huge reliance interests were created, without process or warning, “arbitrarily and capriciously” as lawyers would say. Where’s the Chamber?
Is the business community so cowed by Trump’s goons, or so beholden to fossil fuel, that it will turn a blind eye to conduct that would have provoked howls of outrage if the shoe were on the other foot? “First, they came for offshore wind . . . .”
Where are the Republican “principles” against government picking winners and losers, or against government destroying private property interests, or for predictable government decision-making? All gone; fossil fuel interests trump principle in this era.
Where are the tech bros, AI folks, and crypto crowd, as pinched supply drives data farm costs skyward to meet their demand? Domestic data farms and energy-dependent AI and crypto interests may actually price themselves out of competitiveness.
Know, at the end of the day, that consumers will pay. This is a transfer of wealth from electricity consumers to fossil-fuel polluters. Prices will go up, as I have demonstrated. But in fossil-fuel thug land, all that matters is protecting fossil fuel polluters.
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