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This move has been brewing for awhile. The Navy had voiced objections to the proximity of the wind farm to its base months ago. And Ralls had earlier sued the U.S. Government for blocking the project, for which it was hoping to collect $25 million in federal renewable energy tax credits. Ralls dropped the lawsuit a week ago. The company has acquired two other wind projects, in Massachusetts and Texas — neither of which appear to have drawn the objection of the feds.
Originally posted by beezzer
Why?
Why did Obama stop the purchase?
Afraid I'm going to have to echo Jude here. We have a POTUS dictating what can and cannot be purchased?
Am I giddy about a foreign power making purchases in the US?
No.
But there is no law against it. Unless I'm wrong about that.
Originally posted by randomname
well, allowing chinese nationals so close to a drone facility is horrible military strategy.
For the people doubting this decision, it's a rare moment where I will say, that's the right thing the president did.
Think about it, do you really want another super power owning your power source? Even if it's a certain percentage, it's someone other than the people using the power, owning it, that doesn't sit right with me.
The company has acquired two other wind projects, in Massachusetts and Texas — neither of which appear to have drawn the objection of the feds.