Green Energy Blues
The following text is taken from The Kiplinger Letter Vol. 103, No.15.
* ” Having failed to halt work on five ongoing offshore wind projects in court, The White House is trying to buy-out the leases, with some success.
* TotalEnergies will relingush two leases worth nearly $1 billion to the Interior Dept. and instead invest an equal amount in U.S. natural gas production and exports, including Trains 1 to 4 of the Rlio Grande liquefied natural gas plant in Texas. The ultimate fate of the other three projects, including one for which construction has already been completed (the Vineyard 1 wind farm in Mass.) is less clear.
* The projecrs cumulately represent nearly 6 gigawatts of new capacity. Expect current administration policies to have a long-term effect on renewables in the U.S. For example, the International Energy Agency has cut its 2030 U.S. renewables forecast in half, with wind falling by 60%”
NO COMMON SENSE
ANALYZE THE EXAMPLE
* Which supports and barriers were in play?
* What were the dynamics?
* Who, or What, won the Tug-of-War?
* Discuss the outcome with your friends and family.
* Use Post #4 as a reference for the relationships and dynamics between supports and barriers.
