…While previous deals had committed companies to investing only in #FossilFuels like natural #gas, #Invenergy said it was also planning to invest in #geothermal #energy projects. Geothermal plants, which can run at all hours & emit few #GreenhouseGas #emissions [shhh, don’t tell #Trump], are one of the few #RenewableEnergy sources that have found favor with the Trump admin.
Trump admin officials indicated that more such agreements could be in the works.
“The #DOJ looks forward to continued cooperation from companies that are re-evaluating their energy investments,” #StanleyWoodward, an associate AG, said in a statement.
#Interior Secy #DougBurgum said in a statement that offshore #wind projects made more financial sense under the #Biden admin, which offered lucrative #TaxCredits for wind turbines, #solar panels, #electric cars & other #green #technologies. The #Republican-controlled #Congress eliminated those incentives last summer [🖕🏻].
