Trump’s desire to pick winners and losers hinders US energy dominance. America needs more electricity, yet the administration is actively stymieing wind and solar power. Republicans are intent on making solar and wind losers; if they succeed, US consumers will lose, too.
https://wapo.st/4oq5JPg
by mafco
7 comments
What you describe is Soviet style Communism. Is Trump a closet communist?
Do you think they care? They don’t care.
So to make America great again, we need to make sure we are dependent upon the Middle East oil. Whoopee.
Lots of hyperbole and vaulting over mouse turds in the opinion article.
Much of the U.S. is actually handling the transition and new generation deployment adequately.
The PJM market, where Washington Post is based, is seemingly teetering on collapse.
PJM is working great for Virginia and Pennsylvania, as those states have invested in diverse generation and have moderate renewable requirements. Where states have issued “green”-only mandates and general squeezing of rate-based monies for maintenance, the grid system simply is not seeing investment.
That said, private equity has been flooding into U.S. utilities over the last 3-4 years, but really accelerated investment in the last 18 months. That investment isn’t taking place in the Northeast nor the West Coast, as the regulatory environments are seen as poor.
But closing down renewable energy means handing the advantage of global dominance in new technologies to China. We are losing which doesn’t sound like making America great.
This isn’t about Trump’s desires. It’s about he and his party being on the oil and gas industry payroll.
They are losing already.
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