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AP Photo/Evan Vucci The “Inflation Reduction Act” boondoggle that amounts to a payoff for Democrat donors relies heavily on transitioning to green energy derived from wind and solar. Nuclear, hydroelectric, and natural gas are all going the way of the dodo bird, according to Democrats. The legislation should be called the “Enriching China with Unworkable Energy Policy Act,” because almost everything we need for wind and solar comes from there.
According to Bloomberg, in 2020, Chinese companies controlled 60% of global capacity for every step in the solar supply chain : In the same year, China had a virtual monopoly on producing and processing rare earth metals. Batteries and other green energy components require these minerals. Not surprisingly, China also had a monopoly on lithium-ion batteries for electric vehicle applications. Congress figured this out when they passed the tax credits for electric vehicles in the climate and tax bill. Almost no cars qualify now because they are not made in America. Fewer will qualify in January 2023, when restrictions on source materials for batteries go into effect. Those materials and the battery cannot come from China.
While the United States has deposits of rare minerals, there are significant regulations that inhibit mining them. It would be difficult to see how the environmental Left would react to a whole new era of strip mining to realize their green dreams. Additionally, a plan to ramp up mines and advanced battery production to meet U.S. demand in the next four months is not based on reality.
All of the Biden administration’s spending and policies aim to increase the use of green energy. President Biden vowed to end fossil fuels throughout his campaign. He has chosen to beg Venezuela and Saudi Arabia for the oil we need to maintain our economy since taking office. The United […]
They’re Trying to Shut Us Down
Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.
For us to continue to deliver the truth that Americans need to read and hear, we ask you, our amazing audience, for financial assistance. We have a Giving Fuel page to help us pay the bills. It’s brand new so don’t be discouraged by the lack of donations there. It’s a funny reality that the fewer the donations that have been made, the less likely people are willing to donate to it. One would think this is counterintuitive, but sometimes people are skeptical because they think that perhaps there’s a reason others haven’t been donating. In our situation, we’re just getting started so please don’t be shy if you have the means to help.
Thank you and God bless!
JD Rucker