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Scientist exposes anti-wind groups as oil-funded, now they want to silence him

(electrek.co)
542 points xbmcuser | 2 comments | 27 Aug 25 06:49 UTC | HN request time: 0s | source
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nicolailolansen ◴[27 Aug 25 08:54 UTC] No.45037035[source]▶
Anti-wind groups are oil-funded? Surprised Pikachu.
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dzhiurgis ◴[27 Aug 25 09:36 UTC] No.45037306[source]▶
Why tho? Oil money should be funding renewables so they continue making money.
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chii ◴[27 Aug 25 09:42 UTC] No.45037354[source]▶
> Oil money should be funding renewables

not while there's still oil to be extracted. Rigs (esp. offshore ones) take a lot of initial investment, and takes several decades to fully pay out. It's not hard to imagine that those investments hadn't fully matured and so they'd want the demand for oil to continue.

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1. consp ◴[27 Aug 25 10:10 UTC] No.45037561[source]▶
The demand for oil as hydrogen base, plastic and other derivatives will keep those platforms profitable for a long time. Maybe not as massively profitable as now but more than a reasonable ROI. Oh wait, more profits above everything no matter what because the plebs are the only ones affected by it so they don't care.
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2. matthewdgreen ◴[27 Aug 25 11:14 UTC] No.45038035[source]▶
My very limited understanding is that many of those assets require a certain timeline and rate of oil consumption for the investment to make sense financially. If global oil consumption goes down by say 50%, lots of assets just become worthless (even if someday we use them.)