Click here to view original web page at pjmedia.com
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 […]
We Often Feel Like David Taking on Giants
Today’s Goliath is the Mainstream Media Industrial Complex that brainwashes the masses.
Our mission is very straightforward: To counter the false narratives and nefarious agendas destroying America today. It isn’t easy for obvious reasons; despite incredible growth over the last year we are still a very tiny fish in a huge media pond. But we’re fighting and we will continue to do so, Lord willing, for as long as we possibly can. The battle for America’s present and future is too important for us to back down to the giants that stand in our way.
We need help. I don’t want to say “desperately,” but the need is definitely great. If you have the means, please donate through our GivingFuel page, PayPal, or our Substack page. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
JD Rucker