For example, China is financing the production of
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Posted On: 06/11/2024 9:17:56 AM
For example, China is financing the production of coal-fired power plants in developing countries that American institutions refuse to fund, giving the Chinese significant influence as it helps those countries provide cheap power to homes and industry.
Some might justify these “gifts” to China on the grounds that the world’s climate will benefit from lower emissions as a result of U.S. decarbonization. But China is producing the wind turbines, solar panels, and batteries it sells to the U.S. with coal, increasing global emissions.
Consider that America has 225 coal-fired power plants and China has 1,118 (half of all the coal-fired plants in the world). Since 2010, America has reduced coal-fired electricity generation by 100,000 megawatts; China has increased it by 580,000 megawatts. Between 2005 and 2020, America cut its carbon dioxide emissions by 970 million metric tons, while China increased its emissions by 4,689 million metric tons.
Many people have been puzzled that Biden has oriented American energy policy toward a country that enslaves its people, steals intellectual property from the United States, and threatens our allies and partners.
The ongoing federal investigation into son Hunter’s multimillion-dollar Chinese business deals and the reports of tens of millions of dollars in Chinese donations flowing to the University of Pennsylvania just as it was creating Biden’s new think tank may give a clue as to why.
https://www.heritage.org/energy-economics/com...y-policies
Some might justify these “gifts” to China on the grounds that the world’s climate will benefit from lower emissions as a result of U.S. decarbonization. But China is producing the wind turbines, solar panels, and batteries it sells to the U.S. with coal, increasing global emissions.
Consider that America has 225 coal-fired power plants and China has 1,118 (half of all the coal-fired plants in the world). Since 2010, America has reduced coal-fired electricity generation by 100,000 megawatts; China has increased it by 580,000 megawatts. Between 2005 and 2020, America cut its carbon dioxide emissions by 970 million metric tons, while China increased its emissions by 4,689 million metric tons.
Many people have been puzzled that Biden has oriented American energy policy toward a country that enslaves its people, steals intellectual property from the United States, and threatens our allies and partners.
The ongoing federal investigation into son Hunter’s multimillion-dollar Chinese business deals and the reports of tens of millions of dollars in Chinese donations flowing to the University of Pennsylvania just as it was creating Biden’s new think tank may give a clue as to why.
https://www.heritage.org/energy-economics/com...y-policies
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