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NM is really hurting from Biden’s executive orders banning oil and gas leasing on federal lands. Major job losses and reduced funding for schools. I assume Granholm will institute changes that further hurt the oil industry. Renewables, electric cars, etc all have Chinese supply chains. I hope people are getting the picture.
Biden's been in office a week, there is zero impact from any of his executive orders. Granholm noted in her hearing that Michigan makes 1/3 of the batteries used by US car manufactures and that US auto makers are charging hard into electric vehicles. Example is Chevy's all electric F-150 heavy pickup truck...
I am all for green energy particularly if can be done cheaper than fossil fuels, but most of this work about making American green is going to be worth very little to global warming with China, India and Africa coming online. The issue is that we simply will not be able to compete if we use green energy that is many times more expensive than fossil fuels. Also once we go green it will probably will not make much of dent in the overall carbon footprint if China keeps increasing its industrial output. You will also see in increasing push for more and more industry that needs lots of energy to these other places since the cost of doing business will become so much higher in the US once we are green. Now with that said if you can get green energy to be as cheap as fossil fuels than that could change the game. The other issue is just how green are we talking about, there is a bid difference between wind versus burning coal for electric cars.
Another issue is how realistically can DOE compete with industry when it comes to green energy. The last part I have my doubts on. Overall the Hill article seemed rather naive about what the DOE is, what it does and even the energy issues the US faces. For example the issues in California are due to local infrastructure and not really to anything the DOE can do about.
The US several years ago contributed about 17% to global carbon emissions. Today it is about 14%, due primarily to fracking which produced enough natural gas to convert a significant number of power plants from coal to gas. The US is making much more progress on the bogus "Paris Accords" than any other country, without being a party. Now Biden wants to rejoin. Why? To legitimize the countries that have made no progress at all?
5 comments:
NM is really hurting from Biden’s executive orders banning oil and gas leasing on federal lands. Major job losses and reduced funding for schools. I assume Granholm will institute changes that further hurt the oil industry. Renewables, electric cars, etc all have Chinese supply chains. I hope people are getting the picture.
Biden's been in office a week, there is zero impact from any of his executive orders. Granholm noted in her hearing that Michigan makes 1/3 of the batteries used by US car manufactures and that US auto makers are charging hard into electric vehicles. Example is Chevy's all electric F-150 heavy pickup truck...
https://www.roadandtrack.com/new-cars/future-cars/a33415643/electric-chevy-truck-with-400-miles-of-range-confirmed/
" Chinese supply chains."
China is not the problem, Russia is.
I am all for green energy particularly if can be done cheaper than fossil fuels, but most of this work about making American green is going to be worth very little to global warming with China, India and Africa coming online. The issue is that we simply will not be able to compete if we use green energy that is many times more expensive than fossil fuels. Also once we go green it will probably will not make much of dent in the overall carbon footprint if China keeps increasing its industrial output. You will also see in increasing push for more and more industry that needs lots of energy to these other places since the cost of doing business will become so much higher in the US once we are green. Now with that said if you can get green energy to be as cheap as fossil fuels than that could change the game. The other issue is just how green are we talking about, there is a bid difference between wind versus burning coal for electric cars.
Another issue is how realistically can DOE compete with industry when it comes to green energy. The last part I have my doubts on. Overall the Hill article seemed rather naive about what the DOE is, what it does and even the energy issues the US faces. For example the issues in California are due to local infrastructure and not really to anything the DOE can do about.
The US several years ago contributed about 17% to global carbon emissions. Today it is about 14%, due primarily to fracking which produced enough natural gas to convert a significant number of power plants from coal to gas. The US is making much more progress on the bogus "Paris Accords" than any other country, without being a party. Now Biden wants to rejoin. Why? To legitimize the countries that have made no progress at all?
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