The U.S. Green Energy policies under the Biden Administration have created a cascade of high energy costs, inflation, high interest rates and dependence on adversaries for our energy. This has weakened our economy and weakened our ability to be a world superpower during a time of global instability.
A quick look at the graph below shows the CO2 trends in the US and China. In 2005, the U.S. and Chinese CO2 emissions were about the same. In 2022, U.S. CO2 emissions were down by approximately 25% while Chinese CO2 emissions had more than doubled. By 2022, Chinese CO2 emissions were already triple that of the U.S. China also accounts for about one-third of all global CO2 emissions. The upward slope of China’s CO2 emission curve is still steep. Yet China is exempt from the Paris Climate Accords.
Under these circumstances world wide CO2 emission and its effects on global warming will not be reduced, but will only continue to increase without significant changes in China CO2 emission policies. The graph also shows that even when we were energy independent under President Trump, our CO2 emissions were declining. This is a strong argument for us to continue to increase domestic energy production. Importing foreign oil is worse than producing it domestically because it does not have to be shipped here from the Middle East or Marxist Venezuela.
We also need to abandon failed, wasteful green energy policies that rely on primitive, inefficient and ecologically destructive technology.
In order for the American economy to grow, keep energy prices affordable, curb inflation , keep interest rates low for mortgages, car loans, business growth and reduce consumer debt we must restore energy independence. Our green energy policy must be directed towards cost effective, reliable nuclear power using 21st not mid 20th century technology. We must also expand the use of mini-hydroelectric plants.
Facts, not rhetoric, must govern our energy policies.