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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: SuisseBear ✶☼  😊 😞
Number: of 86258 
Subject: About those wind parks
Date: 08/06/26 1:31 PM
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Today marks another instance where US taxpayers have been committed to pay foreign companies billions to abandon zero-carbon generation during an energy demand surge.

Now, Germany has set a real tough benchmark for dysfunctional energy policies, but perhaps it can still be beaten:

The Trump administration’s trend of paying off offshore wind developers to cancel their projects continued Aug. 6 with the $1.22 billion agreement for RWE to nix its wind leases off New York, California, and Louisiana, and instead invest the money in natural gas.

The Department of Justice (DOJ) settlement with Germany-based RWE extends the effort initiated by President Donald Trump’s personal disdain for offshore wind turbines. The slate of cancelations began with a $1 billion agreement in March with France’s TotalEnergies, and additional deals followed to eliminate wind projects with Chicago-based Invenergy, Spain’s Ocean Winds, the U.K.’s Reventus Power, and BlackRock’s Global Infrastructure Partners. ...

fortune.com - Rwes 22b exit marks the latest in trumps billion dollar offshore wind buyoutsnow topping 3b to redirect develo

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This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
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