Commodities and Futures News

Trump signals end to new US wind power leasing

2025.01.20 20:18

(Reuters) – President Donald Trump on Monday signaled an end to U.S. government support for wind power, saying wind mills are ugly, expensive and harm wildlife.

“We’re not going to do the wind thing,” Trump said during an event after his inauguration.

A White House press release earlier in the day said Trump intended to end new leasing for “massive wind farms.”

“President Trump’s energy policies will end leasing to massive wind farms that degrade our natural landscapes and fail to serve American energy consumers,” it said.

The comments stirred concern among wind power representatives, who said Trump’s position jarred with his promise to maximize national energy output.

“A national energy emergency requires us to unleash all necessary sources of American energy – including offshore wind,” said Hillary Bright, Executive Director of offshore wind advocacy group Turn Forward.

© Reuters. A wind farm shares space with corn fields the day before the Iowa caucuses, where agriculture and clean energy are key issues, in Latimer, Iowa, U.S. February 2, 2020. REUTERS/Jonathan Ernst/ File Photo

Former U.S. President Joe Biden saw wind power as a vital part of his strategy to decarbonize the U.S. power sector to fight climate change and his government held multiple auctions aimed at developing big new projects.

Trump’s opposition to wind power represents an about-face from his first term, when his administration had also sought to encourage offshore wind development.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 104,506.00 0.07%
ethereum
Ethereum (ETH) $ 2,559.28 1.95%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.43 2.34%
bnb
BNB (BNB) $ 675.20 2.48%
solana
Solana (SOL) $ 175.86 0.72%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.248549 6.28%
cardano
Cardano (ADA) $ 0.827726 3.38%
tron
TRON (TRX) $ 0.270555 3.03%
staked-ether
Lido Staked Ether (STETH) $ 2,556.38 1.99%
sui
Sui (SUI) $ 4.18 5.17%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,362.96 0.17%
chainlink
Chainlink (LINK) $ 17.35 4.30%
pi-network
Pi Network (PI) $ 1.53 47.00%
avalanche-2
Avalanche (AVAX) $ 25.39 2.56%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,069.78 1.98%
shiba-inu
Shiba Inu (SHIB) $ 0.000017 7.95%
stellar
Stellar (XLM) $ 0.315111 3.11%
hedera-hashgraph
Hedera (HBAR) $ 0.213949 2.46%
the-open-network
Toncoin (TON) $ 3.51 2.96%
hyperliquid
Hyperliquid (HYPE) $ 24.99 0.89%
bitcoin-cash
Bitcoin Cash (BCH) $ 415.55 0.53%
polkadot
Polkadot (DOT) $ 5.24 2.91%
leo-token
LEO Token (LEO) $ 8.50 3.36%
litecoin
Litecoin (LTC) $ 102.70 1.27%
usds
USDS (USDS) $ 1.00 0.01%
weth
WETH (WETH) $ 2,562.26 1.97%
monero
Monero (XMR) $ 341.67 3.35%
pepe
Pepe (PEPE) $ 0.000015 12.61%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,728.56 2.00%
bitget-token
Bitget Token (BGB) $ 4.93 0.83%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.02%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 104,528.01 0.07%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.04%
whitebit
WhiteBIT Coin (WBT) $ 30.27 0.21%
uniswap
Uniswap (UNI) $ 7.14 0.53%
bittensor
Bittensor (TAO) $ 462.86 1.60%
near
NEAR Protocol (NEAR) $ 3.22 1.03%
aptos
Aptos (APT) $ 6.06 1.22%
dai
Dai (DAI) $ 1.00 0.01%
ondo-finance
Ondo (ONDO) $ 1.08 3.54%
aave
Aave (AAVE) $ 222.75 0.53%
okb
OKB (OKB) $ 55.41 0.38%
kaspa
Kaspa (KAS) $ 0.123994 16.27%
internet-computer
Internet Computer (ICP) $ 6.01 6.38%
ethereum-classic
Ethereum Classic (ETC) $ 20.35 2.35%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
crypto-com-chain
Cronos (CRO) $ 0.101406 1.09%
official-trump
Official Trump (TRUMP) $ 14.44 3.61%