HomeAttacks on U.S.Biden Signs Deal with China to Shut Down Fossil Fuels

Biden Signs Deal with China to Shut Down Fossil Fuels

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President Biden has entered into a climate agreement with China that aims to “accelerate the substitution for coal, oil and gas generation” in favor of green energy sources like wind and solar power. This ambitious but foolhardy plan, which targets a major transition by the year 2030, has been met with a wave of skepticism and concern from energy experts and critics alike. The deal, while appearing as a progressive step towards combating climate change, raises several questions about its practicality, the likelihood of China’s adherence to its commitments, and the potential consequences for the U.S. should China fail to comply.

The agreement, announced by the State Department, involves a pledge by both nations to “accelerate the substitution for coal, oil, and gas generation” with renewable energy. The U.S. and China, which together account for nearly half of the global greenhouse gas emissions, have also agreed to engage in policy exchanges aimed at reducing carbon emissions across various sectors. However, this seemingly promising international commitment has been criticized for its potential impact on American consumers and the broader U.S. economy.

The skepticism is not without precedent. Historically, China has shown a pattern of non-compliance with international agreements, raising doubts about their commitment to this new climate pact. “Of course, China would love this agreement. And their obligations — they’ll just ignore that. They’ve ignored every other obligation,” Turner added. His remarks encapsulate the apprehensions of many who see the deal as a strategic move by China to solidify its economic supremacy in the green energy sector.

This also raises continued trade and national security concerns. Daniel Turner, the founder and executive director of Power The Future, voiced concerns in an interview with Fox News Digital, stating, “The agreement speaks heavily about advancing — doubling down and tripling down on renewables, wind and solar. The majority of them are made in China.” Turner’s statement highlights a critical aspect of the deal: its potential to make the U.S. economically dependent on China, the world’s leading producer of green energy technologies.

Moreover, the agreement could have significant national security implications for the U.S. By becoming a major customer of Chinese-manufactured green energy products, the U.S. might inadvertently bolster China’s economic and geopolitical strength to the detriment of the U.S. Critics argue that this shift aligns more with Beijing-style central planning and production quotas, a stark departure from American free-market principles.

Adding complexity to the issue is China’s ongoing expansion of its coal power capabilities. Despite the climate agreement’s emphasis on green energy, China has continued to increase its coal power capacity, announcing the construction of over 100 GW in new coal plants. In 2022 alone, the nation permitted a substantial increase in new coal power capacity, which is inconsistent with the goals of reducing carbon emissions. This two-faced approach by China casts further doubt on the sincerity of its commitment to the climate deal.

The implications for the American energy sector are equally concerning. Fossil fuels, especially natural gas and coal, currently play a vital role in U.S. power generation. The transition to renewable energy, as mandated by the agreement, presents significant logistical and economic challenges. There are fears that this could lead to an unstable power grid, increased consumer energy costs, and hindered industrial growth in the U.S.

The climate agreement between the U.S. and China, while ambitious in its environmental goals, is fraught with uncertainty and risk. The deal’s success is heavily contingent on China’s adherence to its commitments, a prospect that experts view with skepticism (and indeed disdain). The potential economic and national security repercussions for the U.S., combined with China’s continued reliance on coal, paint a picture of a risky venture that will certainly benefit China more than it does the global environment or the American economy. As was likely their plan.

We warned you this would be bad.

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