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The White House's commitment to higher energy prices continues. THIS IS INTENTIONAL. They are only hostile to clean energy because it is cheap. Uncompetitive fossil fuel producers cannot make money against cleaner sources. reuters.com/business/energy/pu…
in reply to Sean Casten

Sean Casten
mastodon - Link to source
Sean Casten
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Tariffs are part of that strategy. Raise prices of imports and - as a global commodity - you push up prices at the border, but also raise int'l prices a global commodity. The reason OPEC and the Texas Railroad Commission exist is to constrain supply and keep prices up. Those are Trump's masters.
in reply to Sean Casten

Sean Casten
mastodon - Link to source
Sean Casten
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This is also going to affect electric prices, at least in places like New England that depend on Canadian imports of lower cost hydropower. Again: their opposition is to cheap energy. Which just happens to be clean. heatmap.news/politics/canada-t…

The Northeast Braces for a Power Shock From Trump’s Tariffs

Donald Trump reemphasized on Friday that he intends to impose 25% tariffs on Canada and Mexico beginning February 1, and while that date is rapidly approaching, the details remain sparse.
Emily Pontecorvo (Heatmap News)

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in reply to Sean Casten

Sean Casten
mastodon - Link to source
Sean Casten
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The other part of that strategy is direct market intervention to block the ability of clean energy to come to market. Whether this state-directed economy more closely resembles Maoism or Leninism is a debate I'll leave to economists. But it ain't capitalism. reuters.com/sustainability/cli…
in reply to Sean Casten

Sean Casten
mastodon - Link to source
Sean Casten
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I keep stressing this point because it's so important: their policy is to put the interests of energy producers over consumers. They WANT this to be framed as an environmental fight because that reads to many as a zero-sum trade off w/ the economy. Don't take that bait.

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in reply to Sean Casten

Sean Casten
mastodon - Link to source
Sean Casten
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Advocate for consumers and lower costs knowing that clean energy will win. Keep reminding your friends, neighbors, customers, etc. that Trump is the guy who fought to raise oil prices in 2020 and he's doing it again. reuters.com/article/economy/sp…
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