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Personal Finance Topics / Macroeconomic Trends and Risks
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Author: OrmontUS 🐝🐝  😊 😞
Number: of 2027 
Subject: Who has the power?
Date: 08/31/2025 1:36 PM
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I just received my eleectric bill for my modest two bedroom apartment fom ConEd, the local utility in NYC. Itg was $206 for the month (broken down to $134 for the utility to bring me the electricity and $72 for the electricity I used -530 kwh). There are an awful lot of details in the links below, but what they boil down to is that the US chief executive has cut financing to a large number of renewable electrical engergy projects designed (and funded) during the previous president's administration. Instead, the current administration is pluging new fossil fuel plants (and scrapping the work done so far, at taxpayer expensed, on the wind and solar projects).

It's not just the stupidity of throwing away partially built energy projects (aalong with the jobs of those who were building them), not only the increase in global warming, but along with polution regulation cuts at the EPA, it also brings back memories from my youth of marble statues in the parks "melting" from acid rain and the daily spitting out black soot from the daaily exposure to air polution.

The following posts come from sources as diverse as Fox News, Bloomberg, the federal goveernment, etc. and form an interesting matrix of information.

Jeff

https://apnews.com/article/trump-offshore-wind-ren...
https://climatechange.ri.gov/ri-executive-climate-...
https://www.fox61.com/article/news/local/new-londo...
https://ctexaminer.com/2025/08/30/dangers-of-pulli...
https://www.bloomberg.com/news/articles/2025-08-27...
https://www.cnn.com/2025/07/16/climate/china-us-wi...
https://www.markey.senate.gov/news/press-releases/....
https://citizensclimatelobby.org/blog/policy/how-c...
https://www.energy.gov/eere/job-creation-and-econo...
https://stateline.org/2025/02/11/blue-states-hope-...
https://www.eia.gov/todayinenergy/detail.php?id=54...
https://www.wsj.com/business/energy-oil/exxon-rosn...
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