Norway's state owned oil company Equinor, flush with profits from its North Sea oil and gas operations, decided to "virtue signal" by investing in green energy, but according to a recent report compiled for the Norwegian government, that has blown up in its face. Equinor has invested billions in the Dogger Bank wind farm in the North Sea off of the UK, the world's largest wind farm, but the fair market value of its stake in the project is now MINUS $970 million, and the operating costs make it unprofitable to operate, according to the study prepared at the government's request by university researchers. Equinor managed to stem some of its losses by offloading part of its stake to a Spanish energy company which now bears part of the red ink.
Biden's federal regime and Cooper's NC regime (with a big assist from RINOs in the General Assembly) are on this same destructive kick. These projects will kill lots of birds, hypnotize lots of crabs, and do other environmental damage, but they will not make electricity economically. Electric consumers and taxpayers will be the ones ultimately paying for their "virtue signaling".
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Pro death roundtable
Published: Wednesday, April 24th, 2024 @ 12:39 pm
By: Countrygirl1411
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populist / nationalist anti-immigration AfD most popular party among young voters, CDU second
Published: Wednesday, April 24th, 2024 @ 11:25 am
By: John Steed
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political scheme behhind raid on Mar-a-Lago
Published: Wednesday, April 24th, 2024 @ 9:16 am
By: John Steed
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how many of these will come to North Carolina?
Published: Tuesday, April 23rd, 2024 @ 1:32 pm
By: John Steed
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Barr had previously said he would jump off a bridge before supporting Trump
Published: Tuesday, April 23rd, 2024 @ 11:37 am
By: John Steed
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Babis is leader of opposition in Czech parliament
Published: Tuesday, April 23rd, 2024 @ 10:28 am
By: John Steed
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illegal alien "asylum seeker" migrants are a crime wave on both sides of the Atlantic
Published: Tuesday, April 23rd, 2024 @ 9:44 am
By: John Steed
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only one holdout against acquital
Published: Tuesday, April 23rd, 2024 @ 9:01 am
By: John Steed
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DEI now includes criminals?
Published: Monday, April 22nd, 2024 @ 8:33 pm
By: John Steed
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Biden regime intends to force public school compliance as well as colleges
Published: Monday, April 22nd, 2024 @ 1:55 pm
By: John Steed
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clamps down on oil drilling in Alaska
Published: Monday, April 22nd, 2024 @ 9:09 am
By: John Steed
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plan put in place by Eric Holder
Published: Monday, April 22nd, 2024 @ 7:38 am
By: John Steed
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prosecutors appeal acquittal of member of parliament in lower court for posting Bible verse
Published: Sunday, April 21st, 2024 @ 9:14 am
By: John Steed
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Biden abuses power to turn statute on its head; womens groups to sue
Published: Friday, April 19th, 2024 @ 8:28 pm
By: John Steed
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The Missouri Senate approved a constitutional amendment to ban non-U.S. citizens from voting and also ban ranked-choice voting.
Published: Friday, April 19th, 2024 @ 12:33 pm
By: Daily Wire
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Democrats prosecuting political opponets just like foreign dictrators do
Published: Friday, April 19th, 2024 @ 10:58 am
By: John Steed
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populist / nationalist / sovereigntist right are kingmakers for new government
Published: Friday, April 19th, 2024 @ 10:04 am
By: John Steed
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18 year old boy who thinks he is girl planned to shoot up elementary school in Maryland
Published: Friday, April 19th, 2024 @ 8:46 am
By: John Steed
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Biden assault on democracy continues to build as he ramps up dictatorship
Published: Friday, April 19th, 2024 @ 8:26 am
By: John Steed
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UNC board committee votes unanimously to end DEI in UNC system
Published: Thursday, April 18th, 2024 @ 7:54 am
By: John Steed
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this is the propagandist mindset of MSM today
Published: Wednesday, April 17th, 2024 @ 3:04 pm
By: John Steed
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Police in the nation’s capital are not stopping illegal aliens who are driving around without license plates, according to a new report.
Published: Wednesday, April 17th, 2024 @ 8:59 am
By: Daily Wire
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same insanity that created Covid
Published: Wednesday, April 17th, 2024 @ 8:58 am
By: John Steed
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Davidaon County student suspended for using correct legal term for those in country illegally
Published: Wednesday, April 17th, 2024 @ 7:23 am
By: John Steed
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given to illegals in Mexico before they even get to US: NGOs connected to Mayorkas
Published: Tuesday, April 16th, 2024 @ 11:36 am
By: John Steed
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committee gets enough valid signatures to force vote on removing Oakland, CA's Soros DA
Published: Tuesday, April 16th, 2024 @ 10:32 am
By: John Steed
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other pro-terrorist protests in Chicago shout "Death to America" in Farsi
Published: Monday, April 15th, 2024 @ 9:13 pm
By: John Steed
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claim is needed "to meet climate targets
Published: Monday, April 15th, 2024 @ 2:07 pm
By: John Steed
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Only two of the so-called “three Johns” will be competing to replace Sen. Mitch McConnell (R-KY) as leader of the Senate GOP.
Published: Monday, April 15th, 2024 @ 12:50 pm
By: Daily Wire
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particularly true on economic matters
Published: Sunday, April 14th, 2024 @ 8:58 pm
By: John Steed
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House Judiciary Chair Jim Jordan (R-OH) is looking into whether GoFundMe and Eventbrite cooperated with federal law enforcement during their investigation into the financial transactions of supporters of former President Donald Trump.
Published: Sunday, April 14th, 2024 @ 6:56 pm
By: Daily Wire
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