How Biden's Green Agenda Puts China First
Billions of dollars are poised to flow to our foremost adversary in pursuit of 'net zero' as America eschews its strategic advantage in oil and natural gas
Growing Warnings: Biden Could Get Scorched by Green Dependency on Red China
In RealClearInvestigations, I report on the growing chorus of critics, including some Democrats, warning that the Biden administration's pursuit of ambitious climate goals is empowering our foremost adversary, Communist China, at a time of dangerously high tensions between the superpowers.
As I report:
Reducing greenhouse gas emissions to net zero by 2050, the White House’s goal, will almost assuredly make the United States dependent on China while enriching its chief rival.
Energy experts believe that China's dominance will become more entrenched in the years ahead because of domestic U.S. environmentalist opposition to perceived “dirty” mining, and the Biden administration’s “clean energy” spending blitz – which could provide Chinese companies billions in subsidies.
China’s alternative energy clout comes from its command over supply chains that culminate in the production of the wind turbines, solar panels, and lithium-ion batteries on which the net-zero transition depends.
China demonstrated its clout on the eve of Treasury Secretary Janet Yellen’s visit last month, when it imposed export restrictions on rare earth metals not only critical to semiconductors, but also to electric vehicles and solar panels.
Critics see China as an unreliable partner that will leverage the Biden administration’s desire for Beijing to go green to its own advantage.
Read the whole thing here.
Truth.