Late Stage Capitalism

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World’s biggest floating wind farm will power oil and gas platforms (www.euronews.com)

submitted 1 year ago by reazonozaer@lemmygrad.ml to c/latestagecapitalism@lemmygrad.ml

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Fossil fuel giant Equinor is behind the huge Hywind Tampern farm which, with 88 megawatts (MW) of capacity, will generate energy to supply nearby oil and gas platforms.

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[–] zoe@lemm.ee 6 points 1 year ago* (last edited 1 year ago)

big oil get subsidies collected from people to build renewables (the source of which is free), renewables help corporate get extra cash by cutting costs, but those cost cuts dont translate to lower prices for consumers, fucking the environment in the process. corporates are just leeches on humanity and the universe. socialize the costs, privatize the gains.