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Bonus Episode: Are Trump’s Offshore Wind Settlements a “Sham”? AG Rob Bonta Thinks So.
0:11California leaders have for months threatened to sue the Trump administration over what it views as sham settlements with offshore wind1:12accounting for the unlawful lease buyout of an offshore wind energy lease with Golden State Wind. It violates uh1:21multiple laws. It also threatens California's ongoing commitment to clean energy, including offshore wind and
No Flame, More Pain: How State and Local Bans on Natural Gas Increase Costs
21:19THREATENING OUR SECURITY, HE IS WORKING TO MAKE HIS FRIENDS RICHER. THE TRUMP ADMINISTRATION'S LATEST DEAL TO CANCEL OFFSHORE WIND PROJECTS44:22ADMINISTRATION HAS ALSO SPENT NEARLY $4 BILLION IN OUR TAXPAYER MONEY TO CANCEL OFFSHORE WIND PROJECTS, AND IT IS ASSEMBLED BUREAUCRATIC1:38:16SPEAKER 6: OH, YEAH. UM. THANK YOU. UM, IT SEEMS LIKE AN ODD TIME TO BE PAYING OFFSHORE WIND PROJECTS THAT WERE ALMOST
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Bonus Episode: Are Trump’s Offshore Wind Settlements a “Sham”? AG Rob Bonta Thinks So.
California Attorney General Rob Bonta filed his 88th lawsuit against the Trump administration to block a $120 million lease buyout of offshore wind developer Golden State Wind, arguing the settlement is illegal and politsummaryThe buyout forces Golden State Wind to invest the settlement money in oil and gas projects on the Gulf Coast, resulting in a direct economic loss for California, which stands to gain 174,000 jobs from offshore wind investakeawayThe Trump administration's $120 million buyout of Golden State Wind's Morro Bay lease is challenged as a 'sham settlement' because it uses the federal judgment fund (taxpayer money reserved for legitimate lawsuits) withotakeaway
Bill McKibben in conversation with Terrence McNally at Live Talks Los Angeles
The US has effectively conceded the technological future to China, which is leading in clean energy manufacturing and export, while the US shuts down projects like offshore wind farms due to political pressure.takeawayRenewable energy is now the cheapest form of power generation (95% of new global capacity is solar/wind), making the fossil fuel industry's resistance purely political rather than economic.takeawayDecentralized energy (solar/wind) inherently decentralizes political power, whereas fossil fuels concentrate wealth and influence in the hands of a few (e.g., Koch brothers, Putin), enabling authoritarianism.takeaway
