Sold down the river again by our own esteemed President Joseph Robinette Xiden.
While the world is struggling with a worldwide recession, largely driven by Communist/Socialist/American Democratic policies, our President just gave the Golden Egg and the Golden Goose to the Chinese. But we must admire his loyalty to his Chinese boss and paymasters, especially on home turf with all of America watching. But he still sells us out.
China just dictated a deal to the US President that allows China to explore, mine, refine, etc. “fossil fuels” (which really aren’t fossil fuels at all), including building hundreds of new coal-fired power plants over the next several decades. And in the agreement America is allowed to build zero coal-fired power plants.
Furthermore, America is “required” by this agreement to reduce our already comparatively clean energy sector by huge margins, while China is exempt from the same standards we are supposed to follow. The implementation of these new regulations and standards will cost the U.S. trillions while costing China nothing.
Understand that this deal that Biden signed will have America go green starting this decade, but China gets a pass for an undetermined period of time as they are not yet considered an “industrialized nation”.
Sure they’re not. The Chinese only supply the U.S. with more than 80% of our solar panels and control 95% of the supply chains items to produce them.
China supplies U.S automakers with over 75% of all lithium-ion batteries and they control 70% of the supply chain items to manufacture them.
China owns 6 of the Top 10 wind turbine manufacturing facilities in the world accounting for approx. 45% of the world’s market.
China supplies the U.S. with over 60% of our lithium, cobalt, and graphite processing and refining capability.
Worldwide there are over 2,400 coal-fired power plants, which generate approximately one-third of the world’s electricity. These same power plants cause a disproportionate amount of illness and death due to the air pollution they also generate.
Number of Currently Active Coal-Fired Power Plants By Country
1. China – 1,118 (w/ 100+ currently under construction)
2. India – 285
3. USA – 225
4. Japan – 92
5. Indonesia – 87
6. Russia – 71
7. Germany – 63
8. Poland – 44
9. Turkey – 33
10. Vietnam – 26
You can see by the numbers above that the USA is undoubtedly the world’s most egregious purveyor of coal…. Oh wait a minute. It is CHINA that has the most coal-fired power plants. So why doesn’t the worldwide “anti-fossil fuel” crowd protest China? Just askin’.
Countries Currently Building New Coal-Fired Power Plants
1. China (128,650 MW under active development)
2. India (36,158 MW under active development)
3. Indonesia (11,466 MW under active development)
4. Vietnam (9,705 MW under active development)
5. Japan (8,724 MW under active development)
6. South Africa (6,352 MW under active development)
7. South Korea (5,429 MW under active development)
8. Poland (4,170 MW under active development)
9. Pakistan (3,300 MW under active development)
10. Philippines (2,890 MW under active development)
Note that the USA is not on the list as we do not have a single megawatt of coal power in active development.
BTW, this bears repeating. There is no such thing as “fossil fuels”. Gas, oil, methane, etc. does not come from fossils. Just a fact.