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US Energy Department to Gut Funding for Solar and Wind Projects (www.nytimes.com)
submitted 1 day ago by [email protected] to c/[email protected]
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Stripping hundreds of millions of dollars from renewable energy and efficiency initiatives is part of a broader move to undo efforts to wean the United States off fossil fuels.

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[-] [email protected] 2 points 1 day ago

There is still dependence on imports because the "oil liquids" that extract in the US are different from the oil that they want locally. https://www.eia.gov/todayinenergy/detail.php?id=54199

There's also dependence on the petro-dollar. This one is more complicated, but if the world demand for oil drops, it's going to make USD less valuable.

this post was submitted on 12 Jul 2025
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