Re:Court orders restart of all US offshore wind power constr...
by monting on Tuesday February 03, 2026 @08:25AM
(#46870680)
Debt is not fundamentally bad. But the financing has to be justified by positive return, be it in the service itself that makes money back to pay off the debt, or as a public good, returns in the form societal benefit as a result of the service.
When you have massive buildups with no hope of returns, it's a a bad financial decision and the public carries the debt burden.
Re:Court orders restart of all US offshore wind power constr...
by hgomersall on Tuesday February 03, 2026 @08:38AM
(#46870821)
What is this debt? You didn't answer my question. Who's buying it and what choice do they have, and to whom is it owed ultimately?
I'm not saying China is the best and whatever, just saying they've proven every "China is about to fall" headline that has been circulating around for the past 15 years. Maybe we should learn some things from them.