Supporters of President Yoon rally at impeachment trial
Supporters of impeached South Korean President Yoon Suk-Yeol held a rally near the Constitutional Court in Seoul on Tuesday during the final hearing in Yoon's impeachment trail. Yoon's brief declaration of martial law on December 3 led to his impeachment by the unicameral parliament and his arrest on insurrection charges.
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6 hours ago
- Yahoo
The 5 Worst Green Energy Projects Funded by Biden
Despite the Department of Government Efficiency's failures to cut spending and the president's support for a bill that will add $2.4 trillion to the federal deficit over the next 10 years, some wasteful government projects have been cut under the Trump administration. Energy Secretary Chris Wright recently canceled 24 grants approved by the Energy Department under former President Joe Biden. The action netted over $3 billion in savings. Earlier in May, Wright axed an additional $7 billion of green energy loans approved by Biden. Unfortunately for taxpayers, the savings that Wright has identified are only a drop in the bucket of the wasteful spending that the Biden Energy Department approved. Here are five of the most egregious examples: In December 2024, the Energy Department's Loan Programs Office (LPO) closed a $9.63 billion direct loan to BlueOval SK LLC, a joint venture between Ford and South Korean conglomerate SK On. The loan was approved to fund "the construction of three manufacturing plants, to produce batteries for Ford Motor Company's future Ford and Lincoln electric vehicles [E.V.s]," according to the award announcement. BlueOval has begun or completed construction for these facilities—one in western Tennessee called BlueOval City—and two in Hardin County, Kentucky, known as Kentucky 1 and 2. In addition to allocating millions of dollars in tax credits for the rights to house BlueOval City, the Tennessee Legislature also created the Megasite Authority of West Tennessee, reports Reason's Joe Lancaster. The board was granted the authority to execute contracts on behalf of development, which includes the power to seize private property through eminent domain. In most cases, the board lowballed local property owners, including Ray Jones, who was offered "a measly $8,165" for his acre of land, even though the going rate was $200,000 per acre. There is no set date for when the plant will open. Kentucky 1 has faced numerous occupational safety and health complaints from its workers. A review from The Courier-Journal found "dozens of workplace injuries; hospitalizations related to respiratory issues; unshakeable mold contamination; a bat-infested training facility; blocked emergency exit doors; and chemical exposure risks." The state has opened investigations into the plant, which is scheduled to begin production later this year. Kentucky 2's opening has been indefinitely delayed. Michael Adams, CEO of BlueOval SK, recently told WDRB, that the plant's opening date will be a market decision, but "the market is telling us that Kentucky 2 is not ready." The Bipartisan Infrastructure Law passed in 2021 created a new office within the Energy Department called the Office of Clean Energy Demonstrations (OCED), whose goal is to finance first-of-a-kind clean energy projects through private-public partnerships. One of the largest beneficiaries of the program has been Exxon Mobil. The oil major was awarded a $332 million grant from OCED to "enable the use of hydrogen in place of natural gas" at a textile and plastics facility in Baytown, Texas. At the time of the announcement, the Biden administration said the project would prevent 2.7 million metric tons of carbon emissions per year. While an interesting technology, the project did not need taxpayer support. In the same year that Exxon received this disbursement (2024), the company reported annual earnings of $33.7 billion. The project's funding was canceled on May 30 by Wright. No industry was spared from corporate welfare under the Biden administration, including condiments. In October 2024, Kraft Heinz was awarded a grant of up to $170.9 million from OCED. The award was intended to fund energy efficiency upgrades, the installation of heat pumps and electric boilers, and renewable energy technologies at 10 of the company's facilities. The grant was also rescinded on May 30. Kraft Heinz says it will continue to invest in upgrading 30 of its manufacturing facilities and will invest $3 billion over the next five years "to modernize" its domestic supply chain infrastructure. In October 2024, the LPO announced a $2.26 billion direct loan to Lithium Nevada Corp., a subsidiary of Lithium Americas Corp., to build facilities to produce lithium carbonate—a critical component of E.V. batteries. The facilities will be sited next to and get their lithium from Thacker Pass, a mine site in Nevada that is estimated to hold the largest lithium reserves in the world. The U.S. largely relies on imports to meet its lithium needs. These facilities could reduce this dependence, but that doesn't mean the loan isn't wasteful. The demand for lithium, and lithium-carbonate, is expected to significantly climb in the next few decades as the use of green technologies increases. In 2024 alone, demand for the metal grew by 30 percent. Lithium Americas expects the mine, which began construction in February, to generate $2.2 billion per year in annual earnings. Taxpayers don't need to spend billions of dollars to support a project that the market seems to think will be successful. One of the largest steel makers in the U.S. was another beneficiary of Biden-era federal funding. In 2024, Cleveland-Cliffs, which generated $19.2 billion in revenue that year, was awarded up to $575 million in grants (which are still active) from the Energy Department. One of these awards, worth up to $500 million, would implement hydrogen fuel into the steel making process and install two electric melting furnaces at the company's Middletown Works facility in Ohio. The project is expected to reduce greenhouse gas emissions at the plant by 1 million tons per year and received a $9.5 million disbursement in September 2024. A second grant worth up to $75 million would electrify Cleveland-Cliffs' facility in Butler, Pennsylvania, which produces steel for transforms, motors, and generators. This project got a $19 million disbursement in August 2024. The company says these projects are expected to be live before 2030. While Wright has canceled some of the most wasteful projects approved under Biden, federal backing for favored energy projects isn't going to end under the Trump administration. The Washington Free Beacon reports that the Energy Department is considering financing a $44 billion pipeline in Alaska. The post The 5 Worst Green Energy Projects Funded by Biden appeared first on
Yahoo
19 hours ago
- Yahoo
Digitally altered photo misleads on Trump's response to South Korea presidential election
"As soon as [Lee Jae-myung] was inaugurated as president, 'Yoon Again' was spotted on Trump's cellphone," reads part of a Korean-language Facebook post shared on June 5. "It means President Yoon is still the only leader Trump accepts." A photo attached to the post appears to show US President Donald Trump holding up a phone with "Yoon Again" displayed on its screen; the slogan was adopted by impeached president Yoon Suk Yeol's supporters who believe his removal from office was illegitimate (archived link). The posts were shared a day after Lee won South Korea's snap presidential election by a large margin, ending months of political unrest triggered by Yoon's imposition of martial law and subsequent impeachment (archived link). The same doctored image and claim were widely circulated in Facebook groups backing Yoon and other conservative figures in South Korea, as well as on far-right forum Ilbe. "President Trump will correct the results of South Korea's presidential election as he seems to have watched it closely," read a comment on one of the posts. Another said: "Trump is the only ally to President Yoon still standing, let's put our trust in him." As of June 6, Trump had not called the new South Korean president, with analysts saying any further delay may signal reluctance on the US president's part to engage with the new leader (archived link). The circulating image, however, has been altered. A keyword search found the circulating image was altered from a photo taken by AFP photographer Saul Loeb on May 30 at Joint Base Andrews in Maryland, as Trump disembarked from Air Force One. Trump's phone lock screen in fact shows a picture of the president pointing forwards, not a message of support for Yoon. The date displayed on the phone screen also reads "May 30" -- four days before South Korea's presidential election. According to reports by MSNBC and Euronews, the image of Trump's phone screen was widely discussed on social media, with his supporters praising the president and his critics calling him "self-absorbed" (archived here and here). Another photo taken by Loeb also shows Trump's phone screen did not display a message of support for Yoon. AFP has debunked multiple false claims about Trump's supposed opinion on South Korea's impeached president.
19 hours ago
North Korea says it has raised a capsized destroyer upright as it continues repair
SEOUL, South Korea -- North Korea said Friday it had righted a capsized destroyer and moored it at a pier in the northeastern port of Chongjin as it continues to repair the new warship leader Kim Jong Un has described as a significant asset for his nuclear-armed military. The report by North Korean state media aligned with South Korean military assessments and recent commercial satellite images. North Korea's official Korean Central News Agency said experts will closely examine the ship's hull before beginning the next phase of restoration, which will take place at a dry dock at the neighboring port of Rajin and is expected to last seven to 10 days. Satellite images taken Thursday by Planet Labs PBC analyzed by The Associated Press showed the stricken destroyer upright and floating. It wasn't immediately clear from the image just how much damage had been done to the vessel, which had been in the water for days after the failed launch. However, the ship did not appear to be noticeably listing, meaning Pyongyang is likely able to send it onward to the other port to inspect the vessel's electronics. Jo Chun Ryong, a senior official from the ruling Workers' Party, told the agency that the 'perfect restoration of the destroyer will be completed without fail' before a major party congress in late June, a deadline set by Kim. Outside experts say it remains unclear how severely the 5,000-ton-class destroyer was damaged during a botched launching ceremony in late May, which triggered a furious response from Kim, who called the failure a 'criminal act caused by absolute carelessness, irresponsibility, and unscientific empiricism.' North Korean law enforcement authorities have detained at least four officials over the incident, including the vice director of the Workers' Party's munitions industry department, according to state media. The North's main military committee said those responsible would be held accountable for their 'unpardonable criminal act.' Lee Sung Joon, spokesperson for South Korea's Joint Chiefs of Staff, told reporters Thursday that the South's military assesses that the North Koreans righted the ship earlier this week and are likely conducting drainage operations while examining the damage. 'The nature and duration of the repair process will vary, depending on internal repairs, additional work or whether the incident affected the keel,' Lee said, referring to the ship's structural backbone. 'This could also affect how the ship is used going forward.' The damaged warship was North Korea's second known destroyer and seen as a crucial asset toward Kim's goal of modernizing its naval forces. It was in the same class as the country's first destroyer unveiled in April, which experts assessed as the North's largest and most advanced warship to date. Kim lavishly praised that ship, which was launched in the western port of Nampo, saying it advances his goal of expanding the military's operations range and nuclear strike capabilities. State media described that ship as designed to handle various weapons systems, including anti-air and anti-ship weapons as well as nuclear-capable ballistic and cruise missiles. Kim also supervised test-firings of missiles from the destroyer afterward, and state media said the ship was expected to enter active duty early next year. While North Korea's naval forces are widely seen as far inferior to those of its rivals, analysts say a destroyer equipped with modern missile and radar systems could still boost the North's offensive and defensive capabilities. South Korean officials and experts say the North's destroyer was likely built with Russian assistance as the two countries' military cooperation have intensified amid Russian President Vladimir Putin's war on Ukraine. Kim's government has supplied Russia with thousands of troops and large shipments of military equipment, including artillery and ballistic missiles, to support its warfighting. Washington and Seoul have expressed concern that, in return, Kim may seek Russian technology transfers that could enhance the threat posed by his nuclear-armed military. in Pyongyang on Wednesday in the latest sign of the countries' deepening ties. Kim has framed his arms buildup as a response to perceived threats from the United States and South Korea, which have been expanded joint military exercises in reaction to the North's advancing nuclear program. Kim says the acquisition of a nuclear-powered submarine would be his next big step in strengthening the North Korean navy.
