Summary

Donald Trump criticized the U.K.'s renewable energy focus, calling to “open up” North Sea oil production and abandon wind turbines.

His comments followed reports of declining North Sea oil production and U.S. company Apache’s planned exit by 2029.

Oil firms have reduced investments due to higher taxes and declining resources, while the U.K. aims to decarbonize its energy sector by 2030, expanding offshore wind power.

However, the offshore wind industry faces financial challenges, including rising costs and reduced investments, prompting debates on balancing energy security and green transition goals.

  • iLStrix@lemmy.world
    link
    fedilink
    English
    arrow-up
    3
    ·
    3 days ago

    I mean, Twitter cost him what, like 49 billion? I’d argue that was a good deal for him, considering what happened the past few weeks… But in general I agree with you. One person just should not be allowed to have that much money.