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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" 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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Personal Finance / Macroeconomic Trends & Risks
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Author: OrmontUS   😊 😞
Number: of 4460 
Subject: Who has the power?
Date: 08/31/25 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

apnews.com - Trump offshore wind renewable energy transportation
climatechange.ri.gov - Ri executive climate change coordinating council ec4
fox61.com - Revolution wind halt offshore work new london connecticut project
ctexaminer.com - Dangers of pulling the plug on revolution wind
bloomberg.com - Soaring power bills in largest US grid pose risk for republicans
cnn.com - China US wind solar energy trump
markey.senate.gov - Fighting for a livable future markey labor leaders workers speak out against republican efforts to cut clean e.
citizensclimatelobby.org - How clean energy creates more jobs
energy.gov - Job creation and economic growth
stateline.org - Blue states hope their clean energy plans withstand collision with trump
eia.gov: Most U.S. coal is mined in the West, but most coal mining jobs are in the East
wsj.com - Exxon rosneft russia oil talks
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