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Donald Trump Pledges to Halt Big Wind Subsidies

November 16, 2024 Gulf of Mexico, International, International News, Mid Atlantic, National, North Pacific, Pacific, South Atlantic

Donald Trump’s election victory is quickly taking the wind out of the Biden administration’s ambitious renewables initiatives. President-elect Trump promised to end federal subsidies for offshore wind projects on his first day in office. As with many of his campaign pledges, Americans wait to see whether he will deliver. However, the market did not wait to see. Stock prices of offshore wind developers and turbine makers moved sharply downward following election day as investors query whether windmill projects are economically viable without the hefty federal subsidies Trump has promised to terminate. Environmental groups and fishermen have also raised concerns about the potential ecological trade-offs of this plastic-based technology and worries about ecotoxins created in the manufacturing of solar panels and EVs have caused consumers to pause. more, >>CLICK TO READ<< 10:22

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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