Joe Biden’s ‘Green Energy’ Dreams: Enriching Friends, Crushing the Working Class By Levi Russell
President Biden has moved on from making excuses for the massive inflation caused by his failed energy policies and perilously weak foreign policy to claiming that it is the price we must all pay for a “transition” to a new world order. This new order will give us slower but, allegedly, more stable economic growth and a complete abolition of all non-”green” energy. This commentary likely appeals to the climate hysterics in his party, but falls on deaf ears for the rest of us.
As Jude Clemente pointed out last month, Biden’s policies and their catastrophic effects have likely ruined many Americans’ taste for a policy-driven transition away from conventional energy sources. The latest Gallup poll tracking Americans’ top issues of concern puts the economy at #1 (39%). Poor leadership in the government was the top non-economic issue at 20%. According to the poll, only 2% of Americans listed climate change and the environment as their top issue of concern.
As much as EPA Administrator Jennifer Granholm, whose husband runs a consulting firm for “green” energy companies, claims that she wants to make electric cars more affordable for Americans, she must realize that such a claim is nonsense. The EPA cannot make anything cost less. It can take money from poorer people and give it to richer people in the form of subsidies for EVs. It can make normal cars much, much more costly. Climate hysterics in the government know this and simply won’t admit it.
As high interest rates and inflation, along with pushback against ESG investing, curtail investment in higher-risk projects, Granholm and others know that they must increase the suffering of the average American via policy to push more money into the pockets of their friends in the “green” energy sector. Take, for example, the recent interaction between Senator John Barasso (R-Wyo.) and Interior Secretary Deb Haaland. Sen. Barasso pressed Haaland to admit that gasoline prices were too high and Haaland adamantly refused. Instead, she deflected.
As the Biden administration begs OPEC dictators to sell us more oil, they increasingly put us in the path of disaster. Western Europe used policy to destroy its own energy independence and relied on Russia for oil and gas. Now that decision has come back to bite them. Producer price inflation in Germany topped 30% in March, a level not seen since the 1940s. We won’t be far behind them if Biden’s anti-oil-production policies continue. Even the far left admits the so-called green dream will cost in excess of 10 trillion dollars. What will our inflation rate be like when they print all that money?
An even more extreme example is Sri Lanka. The government, filled with environmental-religious zeal, banned the use of chemical fertilizers in 2021. As a result, production of rice fell 20%. As the agriculture sector collapsed, the government ran out of foreign currencies and could no longer import gasoline and other essentials. The country fell into disorder and over 200 protesters were killed by the military.
Surely there are many differences between Sri Lanka’s situation and ours, but Biden’s policies are aimed in the same direction. Namely, this administration wants to ban the very things that have built our prosperous civilization. They want to make us dependent and insecure as we are forced to move toward their supposedly glorious “green” utopia. Ultimately the American voter will decide if they want to put up with this economic abuse. The Biden administration, with the help of Democrat majorities in both houses of Congress, is hell-bent on enriching their friends as they impoverish low- and middle-income Americans. Will you put up with it?
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