▲ | esseph 15 hours ago | |||||||||||||||||||||||||||||||
My theory is that he wants to use the sale of US fossil fuels to pay off the debt. Maybe that's bogus, just my uneducated opinion! (I also think it's incredibly shortsighted) | ||||||||||||||||||||||||||||||||
▲ | WaltPurvis 15 hours ago | parent | next [-] | |||||||||||||||||||||||||||||||
Exporting fossil fuels nets the government <$150 billion per year, while the federal government's debt is >$37 trillion (and growing by trillions per year). It's impossible to expand the sale of fossil fuels enough to make any kind of noticeable dent in the debt. | ||||||||||||||||||||||||||||||||
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▲ | margalabargala 15 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||
In terms of being able to pay off a debt, having more resources (power from wind and fossil fuels) is strictly better than less (just the fossil fuels). So that's not even remotely economically sound or logical. In conclusion you're probably right. | ||||||||||||||||||||||||||||||||
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▲ | phkahler 14 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||
>> My theory is that he wants to use the sale of US fossil fuels to pay off the debt If that were the case, he should be happy for alternative energy projects to free up some fuel for sale. | ||||||||||||||||||||||||||||||||
▲ | TinkersW 13 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||
He passed a major bill that drove up the debt massively recently, he clearly has zero interest in reducing the debt, just convincing rubes that he does. | ||||||||||||||||||||||||||||||||
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▲ | nick49488171 14 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||
The only debts he want to pay off are those in his personal accounts. | ||||||||||||||||||||||||||||||||
▲ | Tostino 15 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||
Why would hamstringing a domestic clean energy project be a good idea in that case? The less gas we use domestically, the more we can sell on the international market. | ||||||||||||||||||||||||||||||||
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▲ | guelo 15 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||
If he cared about the debt he wouldn't have added $4 trillion extra to the debt with the ridiculous One Big Beautiful Bill. | ||||||||||||||||||||||||||||||||
▲ | dzhiurgis 14 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||
Which would mean US need to consume less so there’s more left to export… | ||||||||||||||||||||||||||||||||
▲ | nielsbot 15 hours ago | parent | prev [-] | |||||||||||||||||||||||||||||||
Don't overthink it. I'd bet people in his admin and adjacent to it benefit from the existing fossil fuel regime and will do anything to stall progress on renewables Trump is a monster who would throw his own children into a furnace if it made him richer. | ||||||||||||||||||||||||||||||||
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