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Biden's trillion dollar climate agenda is blowing up and John Kerry has a lot to answer for
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Jan 16, 2024 09:37:07   #
FrumCA
 
No wonder John Kerry is stepping down as climate czar. Joe Biden’s trillion-dollar green agenda is blowing up, and no one is more closely tied to the fast-deflating boondoggle than John Kerry.

The push for electric vehicles is a bust, renewable projects like offshore wind farms are being canceled by the boatload, people are tired of being told they can’t buy things they want, like gas stoves and incandescent light bulbs and – guess what? – sane people in our country are willing to admit (finally) that the world will run on fossil fuels for the foreseeable future.

Even Wall Street elites are throwing in the towel; ESG funds, scorched by their high fees and avoidance of oil and gas stocks, are drying up.

Just last week, Chesapeake Energy announced it will spend $7.4 billion to purchase Southwestern Energy, creating what will be our country’s largest producer of natural gas. The combined companies will feed an ever-growing demand for U.S. gas to supply LNG exports, essential to loosening Russia’s grip on Europe’s energy. The acquisition signals confidence that Biden’s crack-down on oil and natural gas production has run smack into a reality brick wall; much as the White House wants to pander to the climate lobby, we need fossil fuels.

In 2022, Biden promised our NATO allies the U.S. would ramp up LNG exports to help supply their energy needs. Even as he did so, his confused administration continued to roll out regulations that make generating such supplies more costly and more difficult. Just last week, the White House proposed new fines on methane emissions, part of a broader crackdown that could reportedly make a large number of smaller oil and gas wells uneconomic and curb U.S. production by as much as 5%.

Right now the feds are deliberating whether to permit construction of another LNG terminal on the Louisiana Coast. Will the White House climate zealots actually decide against it?

At the same time, war in the Middle East is driving home once again that energy security is national security; the government’s war on fossil fuels looks dumber by the minute. Aggression from Russia’s Putin and Iran’s mullahs is funded by oil; they would have less money to invest in malicious activities were it not for the Biden White House discouraging U.S. production which could bring global prices down. US output is currently 13.2 million barrels per day, finally surpassing the 13 mb/d peak reached during the Trump presidency. But….it would be higher but for the delays in leasing, increased fees, and other obstacles thrown up by the Biden group.

Kerry and Joe Biden have a lot to answer for.

We have energy and natural resources that Xi Jinping dreams of: Sen. Dan Sullivan
After all, if the climate agenda were such a resounding success, why isn’t the president tooting his horn about solar fields and electric stoves instead of yelling that Trump is an existential threat to our democracy? John Kerry is reportedly going to join the campaign team to remind voters how successful Biden’s climate program has been. Will that boost Biden’s chances?

It’s hard to imagine Kerry touring the country and cheering on the White House’s push for electric vehicles, for instance. After all, in just the past several days, Hertz decided to sell the bulk of its EV rental fleet – 20,000 cars -- because they are sitting idle on their lots and cost too much money to maintain. Americans don’t want to rent EVs, and they don’t want to buy them either, in spite of the White House ladling out ever more money to make the pricey cars more affordable.

Passing the huge Inflation Reduction Act, which even the liberal Economist admits is a "misleadingly" labeled climate bill, is considered a major achievement by the Biden team. The $370 billion bill was passed by Democrats, failing to garner a single GOP vote.

There’s a reason for that. Bloomberg, an organization all-in on fighting climate change, wrote last summer that the "price tag" for the biggest-ever climate bill "remains mysterious." Bloomberg’s best guess is that "the uncapped incentives of the Inflation Reduction Act mean spending… could triple initial estimates and push past $1 trillion."

Much of the bill’s spending comes in the "form of tax credits that are uncapped," reported Bloomberg; there is "no restriction on how many businesses or citizens can claim new tax incentives made available to support everything from the purchase of electric vehicles to the production of green hydrogen and assembled-in-America batteries."

See a problem here? As with the $800 billion Payroll Protection Program funding meant to sustain small businesses during COVID, there will almost certainly be massive spillage. Misused PPP funds went to absurdities like taxpayers footing the bill for Barbra Streisand’s gardener, charged with maintaining her $20 million Malibu mansion.

Already, multiple business in the EV and battery space have collapsed. EV makers Proterra, Lordstown Motors and Electric Last Mile Solutions have all filed for bankruptcy; a dozen more companies are hanging by a thread.

There will be more failures. The government is a terrible judge of possible commercial success and will disburse billions to worthless causes. Worse, John Podesta, political apparatchik of the Clinton and Obama White Houses, is in charge of handing out the $380 billion-plus of "green" money. Watch to see how much money flows to ventures in toss-up states – those which will decide whether Joe Biden gets a second term.

Joe Biden receives higher marks on his handling of climate change than on nearly any other issue; 43% approve in a recent CNN survey, but few voters rank the issue high on their list of priorities.

John Kerry, the jet-setting climate diplomat who was charged with getting other major polluters like China and India to commit to rein in emissions – failed to do that. Turns out those countries prioritize growth and economic success over saving the planet. I wish the Biden White House did the same.

Reply
Jan 16, 2024 11:19:41   #
pendennis
 
Biden will never give up the "green" mantra, even though its collapsing around his empty head. His staff is too invested in the insanity.

Green energy is not consumer driven, therefore it will be a failure. These morons quickly forget the lunacy of Maynard Keynes and his "demand" economics. Produce enough and people will buy it. Lunacy then, lunacy now.

Reply
Jan 16, 2024 11:53:04   #
FrumCA
 
pendennis wrote:
Biden will never give up the "green" mantra, even though its collapsing around his empty head. His staff is too invested in the insanity.

Green energy is not consumer driven, therefore it will be a failure. These morons quickly forget the lunacy of Maynard Keynes and his "demand" economics. Produce enough and people will buy it. Lunacy then, lunacy now.


Hertz has begun selling some 20,000 electric vehicles from its U.S. rental fleet, according to a Jan. 11 filing with the Securities and Exchange Commission, representing about a third of the company's total electric vehicles.

Reply
 
 
Jan 16, 2024 12:53:32   #
One Rude Dawg Loc: Athol, ID
 
FrumCA wrote:
No wonder John Kerry is stepping down as climate czar. Joe Biden’s trillion-dollar green agenda is blowing up, and no one is more closely tied to the fast-deflating boondoggle than John Kerry.

The push for electric vehicles is a bust, renewable projects like offshore wind farms are being canceled by the boatload, people are tired of being told they can’t buy things they want, like gas stoves and incandescent light bulbs and – guess what? – sane people in our country are willing to admit (finally) that the world will run on fossil fuels for the foreseeable future.

Even Wall Street elites are throwing in the towel; ESG funds, scorched by their high fees and avoidance of oil and gas stocks, are drying up.

Just last week, Chesapeake Energy announced it will spend $7.4 billion to purchase Southwestern Energy, creating what will be our country’s largest producer of natural gas. The combined companies will feed an ever-growing demand for U.S. gas to supply LNG exports, essential to loosening Russia’s grip on Europe’s energy. The acquisition signals confidence that Biden’s crack-down on oil and natural gas production has run smack into a reality brick wall; much as the White House wants to pander to the climate lobby, we need fossil fuels.

In 2022, Biden promised our NATO allies the U.S. would ramp up LNG exports to help supply their energy needs. Even as he did so, his confused administration continued to roll out regulations that make generating such supplies more costly and more difficult. Just last week, the White House proposed new fines on methane emissions, part of a broader crackdown that could reportedly make a large number of smaller oil and gas wells uneconomic and curb U.S. production by as much as 5%.

Right now the feds are deliberating whether to permit construction of another LNG terminal on the Louisiana Coast. Will the White House climate zealots actually decide against it?

At the same time, war in the Middle East is driving home once again that energy security is national security; the government’s war on fossil fuels looks dumber by the minute. Aggression from Russia’s Putin and Iran’s mullahs is funded by oil; they would have less money to invest in malicious activities were it not for the Biden White House discouraging U.S. production which could bring global prices down. US output is currently 13.2 million barrels per day, finally surpassing the 13 mb/d peak reached during the Trump presidency. But….it would be higher but for the delays in leasing, increased fees, and other obstacles thrown up by the Biden group.

Kerry and Joe Biden have a lot to answer for.

We have energy and natural resources that Xi Jinping dreams of: Sen. Dan Sullivan
After all, if the climate agenda were such a resounding success, why isn’t the president tooting his horn about solar fields and electric stoves instead of yelling that Trump is an existential threat to our democracy? John Kerry is reportedly going to join the campaign team to remind voters how successful Biden’s climate program has been. Will that boost Biden’s chances?

It’s hard to imagine Kerry touring the country and cheering on the White House’s push for electric vehicles, for instance. After all, in just the past several days, Hertz decided to sell the bulk of its EV rental fleet – 20,000 cars -- because they are sitting idle on their lots and cost too much money to maintain. Americans don’t want to rent EVs, and they don’t want to buy them either, in spite of the White House ladling out ever more money to make the pricey cars more affordable.

Passing the huge Inflation Reduction Act, which even the liberal Economist admits is a "misleadingly" labeled climate bill, is considered a major achievement by the Biden team. The $370 billion bill was passed by Democrats, failing to garner a single GOP vote.

There’s a reason for that. Bloomberg, an organization all-in on fighting climate change, wrote last summer that the "price tag" for the biggest-ever climate bill "remains mysterious." Bloomberg’s best guess is that "the uncapped incentives of the Inflation Reduction Act mean spending… could triple initial estimates and push past $1 trillion."

Much of the bill’s spending comes in the "form of tax credits that are uncapped," reported Bloomberg; there is "no restriction on how many businesses or citizens can claim new tax incentives made available to support everything from the purchase of electric vehicles to the production of green hydrogen and assembled-in-America batteries."

See a problem here? As with the $800 billion Payroll Protection Program funding meant to sustain small businesses during COVID, there will almost certainly be massive spillage. Misused PPP funds went to absurdities like taxpayers footing the bill for Barbra Streisand’s gardener, charged with maintaining her $20 million Malibu mansion.

Already, multiple business in the EV and battery space have collapsed. EV makers Proterra, Lordstown Motors and Electric Last Mile Solutions have all filed for bankruptcy; a dozen more companies are hanging by a thread.

There will be more failures. The government is a terrible judge of possible commercial success and will disburse billions to worthless causes. Worse, John Podesta, political apparatchik of the Clinton and Obama White Houses, is in charge of handing out the $380 billion-plus of "green" money. Watch to see how much money flows to ventures in toss-up states – those which will decide whether Joe Biden gets a second term.

Joe Biden receives higher marks on his handling of climate change than on nearly any other issue; 43% approve in a recent CNN survey, but few voters rank the issue high on their list of priorities.

John Kerry, the jet-setting climate diplomat who was charged with getting other major polluters like China and India to commit to rein in emissions – failed to do that. Turns out those countries prioritize growth and economic success over saving the planet. I wish the Biden White House did the same.
No wonder John Kerry is stepping down as climate c... (show quote)


That worthless POS Kerry is ducking and running as usual. The only thing that can come out of his mouth is BS.

Reply
Jan 16, 2024 13:04:36   #
robertjerl Loc: Corona, California
 
Look up the pictures of all the EVs with dead (maybe frozen) batteries lined up at Tesla charging stations around Chicago.

Batteries and cold do not go together. The cars in Alaska have heaters that must be plugged in to keep the engines, oil and batteries from freezing when not running. If they have no plug in, they have to run the engines up to 20 min per hour to prevent freezing.

Then there was the Canadian guy who tried a cross county drive in an EV Ford pickup on their highway that parallels the border. Total mess, had to be towed to charging stations a time or two, had to stop for hours each time he needed a charge and he finally left his truck and rented a gas vehicle to finish the trip. A Ford executive challenged him on it, so the guy dared him to try the same drive. Same results, the Ford guy had to admit it was a total cluster f**k.

EVs are not ready for prime time except short commutes where they can recharge while the driver is at work or home. And if a storm knocks out the electric grid!!!

Maybe one day some genius science geek will invent a battery or equivalent and solar(lunar?) panels that can charge up on cloudy days or in a couple of hours of sun/moonlight and then hold a charge that can run a car or house for days. D cell batteries or power cells that can run an EV!

Maybe I read too much SciFi.

Reply
Jan 16, 2024 13:19:38   #
National Park
 
FrumCA wrote:
No wonder John Kerry is stepping down as climate czar. Joe Biden’s trillion-dollar green agenda is blowing up, and no one is more closely tied to the fast-deflating boondoggle than John Kerry.

The push for electric vehicles is a bust, renewable projects like offshore wind farms are being canceled by the boatload, people are tired of being told they can’t buy things they want, like gas stoves and incandescent light bulbs and – guess what? – sane people in our country are willing to admit (finally) that the world will run on fossil fuels for the foreseeable future.

Even Wall Street elites are throwing in the towel; ESG funds, scorched by their high fees and avoidance of oil and gas stocks, are drying up.

Just last week, Chesapeake Energy announced it will spend $7.4 billion to purchase Southwestern Energy, creating what will be our country’s largest producer of natural gas. The combined companies will feed an ever-growing demand for U.S. gas to supply LNG exports, essential to loosening Russia’s grip on Europe’s energy. The acquisition signals confidence that Biden’s crack-down on oil and natural gas production has run smack into a reality brick wall; much as the White House wants to pander to the climate lobby, we need fossil fuels.

In 2022, Biden promised our NATO allies the U.S. would ramp up LNG exports to help supply their energy needs. Even as he did so, his confused administration continued to roll out regulations that make generating such supplies more costly and more difficult. Just last week, the White House proposed new fines on methane emissions, part of a broader crackdown that could reportedly make a large number of smaller oil and gas wells uneconomic and curb U.S. production by as much as 5%.

Right now the feds are deliberating whether to permit construction of another LNG terminal on the Louisiana Coast. Will the White House climate zealots actually decide against it?

At the same time, war in the Middle East is driving home once again that energy security is national security; the government’s war on fossil fuels looks dumber by the minute. Aggression from Russia’s Putin and Iran’s mullahs is funded by oil; they would have less money to invest in malicious activities were it not for the Biden White House discouraging U.S. production which could bring global prices down. US output is currently 13.2 million barrels per day, finally surpassing the 13 mb/d peak reached during the Trump presidency. But….it would be higher but for the delays in leasing, increased fees, and other obstacles thrown up by the Biden group.

Kerry and Joe Biden have a lot to answer for.

We have energy and natural resources that Xi Jinping dreams of: Sen. Dan Sullivan
After all, if the climate agenda were such a resounding success, why isn’t the president tooting his horn about solar fields and electric stoves instead of yelling that Trump is an existential threat to our democracy? John Kerry is reportedly going to join the campaign team to remind voters how successful Biden’s climate program has been. Will that boost Biden’s chances?

It’s hard to imagine Kerry touring the country and cheering on the White House’s push for electric vehicles, for instance. After all, in just the past several days, Hertz decided to sell the bulk of its EV rental fleet – 20,000 cars -- because they are sitting idle on their lots and cost too much money to maintain. Americans don’t want to rent EVs, and they don’t want to buy them either, in spite of the White House ladling out ever more money to make the pricey cars more affordable.

Passing the huge Inflation Reduction Act, which even the liberal Economist admits is a "misleadingly" labeled climate bill, is considered a major achievement by the Biden team. The $370 billion bill was passed by Democrats, failing to garner a single GOP vote.

There’s a reason for that. Bloomberg, an organization all-in on fighting climate change, wrote last summer that the "price tag" for the biggest-ever climate bill "remains mysterious." Bloomberg’s best guess is that "the uncapped incentives of the Inflation Reduction Act mean spending… could triple initial estimates and push past $1 trillion."

Much of the bill’s spending comes in the "form of tax credits that are uncapped," reported Bloomberg; there is "no restriction on how many businesses or citizens can claim new tax incentives made available to support everything from the purchase of electric vehicles to the production of green hydrogen and assembled-in-America batteries."

See a problem here? As with the $800 billion Payroll Protection Program funding meant to sustain small businesses during COVID, there will almost certainly be massive spillage. Misused PPP funds went to absurdities like taxpayers footing the bill for Barbra Streisand’s gardener, charged with maintaining her $20 million Malibu mansion.

Already, multiple business in the EV and battery space have collapsed. EV makers Proterra, Lordstown Motors and Electric Last Mile Solutions have all filed for bankruptcy; a dozen more companies are hanging by a thread.

There will be more failures. The government is a terrible judge of possible commercial success and will disburse billions to worthless causes. Worse, John Podesta, political apparatchik of the Clinton and Obama White Houses, is in charge of handing out the $380 billion-plus of "green" money. Watch to see how much money flows to ventures in toss-up states – those which will decide whether Joe Biden gets a second term.

Joe Biden receives higher marks on his handling of climate change than on nearly any other issue; 43% approve in a recent CNN survey, but few voters rank the issue high on their list of priorities.

John Kerry, the jet-setting climate diplomat who was charged with getting other major polluters like China and India to commit to rein in emissions – failed to do that. Turns out those countries prioritize growth and economic success over saving the planet. I wish the Biden White House did the same.
No wonder John Kerry is stepping down as climate c... (show quote)


What an incredible crock of you know what. Source? And nothing is more important than saving the planet, unless you don't give a hoot about future generations.

Reply
Jan 16, 2024 13:35:08   #
Texcaster Loc: Queensland
 
National Park wrote:
What an incredible crock of you know what. Source? And nothing is more important than saving the planet, unless you don't give a hoot about future generations.


Don't even mention that 6.82 billion people out of the world's current 8.1 billion are coming to the west and they want to live just like we've been living for donkey's years. They already have all the plastic-in-everything they can handle so they're good for microplastics. Get them signed for credit cards, debt and paying taxes ... and it can go on forever.

Reply
 
 
Jan 16, 2024 13:56:29   #
FrumCA
 
National Park wrote:
What an incredible crock of you know what. Source? And nothing is more important than saving the planet, unless you don't give a hoot about future generations.

I and most everyoje else I associate with totally support saving the planet. We just don't agree with feel good but do nothing programs and other ill thought out policies such as the ones we are suffering under now thanks to Joe Biden and fools like John Kerry.

Reply
Jan 16, 2024 14:18:40   #
National Park
 
robertjerl wrote:
Look up the pictures of all the EVs with dead (maybe frozen) batteries lined up at Tesla charging stations around Chicago.

Batteries and cold do not go together. The cars in Alaska have heaters that must be plugged in to keep the engines, oil and batteries from freezing when not running. If they have no plug in, they have to run the engines up to 20 min per hour to prevent freezing.

Then there was the Canadian guy who tried a cross county drive in an EV Ford pickup on their highway that parallels the border. Total mess, had to be towed to charging stations a time or two, had to stop for hours each time he needed a charge and he finally left his truck and rented a gas vehicle to finish the trip. A Ford executive challenged him on it, so the guy dared him to try the same drive. Same results, the Ford guy had to admit it was a total cluster f**k.

EVs are not ready for prime time except short commutes where they can recharge while the driver is at work or home. And if a storm knocks out the electric grid!!!

Maybe one day some genius science geek will invent a battery or equivalent and solar(lunar?) panels that can charge up on cloudy days or in a couple of hours of sun/moonlight and then hold a charge that can run a car or house for days. D cell batteries or power cells that can run an EV!

Maybe I read too much SciFi.
Look up the pictures of all the EVs with dead (may... (show quote)


Clearly we aren't yet where we need to be. Who said we were? It's a new technology, but improvements are being made everyday. The leaps forward have been pretty amazing during the last 10 years. It is the future. I have an electric hybrid and love it--I get about 30 miles on the battery (25 miles in winter--not everyone lives in Alaska!) before it switches to a hybrid. I've driven the car more than 30,000 miles, and because most of my trips are commutes to work or the store I usually use only battery power. As a result, for every gallon of gas I've had to buy I've driven an average of 186 miles. 186 MPG! Try it, you might find that you like it.

BTW, actually, solar panels DO generate electricity during cloudy weather, rain or periods of indirect sunlight, just not as efficiently.

And if a storm knocks out the electric grid, I can't charge my car, but you also won't be able to gas up your guzzler. Fuel pumps in modern stations are powered by electricity. Some may have a generator to operate their pumps during power outages, but most do not. And, if the power is out credit card transactions will be off-line and can't be processed.

Reply
Jan 16, 2024 14:20:50   #
National Park
 
FrumCA wrote:
I and most everyoje else I associate with totally support saving the planet. We just don't agree with feel good but do nothing programs and other ill thought out policies such as the ones we are suffering under now thanks to Joe Biden and fools like John Kerry.


Your solution is to do nothing except criticize the attempts of those who are doing something.

Reply
Jan 16, 2024 14:29:43   #
Kraken Loc: Barry's Bay
 
National Park wrote:
Your solution is to do nothing except criticize the attempts of those who are doing something.


Nothing we do is going to save the planet.

Mother Nature will fix everything when she

lowers the world population down to

less than a billion.

So just sit back and enjoy the ride as best as you can.

Reply
 
 
Jan 16, 2024 14:54:44   #
National Park
 
Kraken wrote:
Nothing we do is going to save the planet.

Mother Nature will fix everything when she

lowers the world population down to

less than a billion.

So just sit back and enjoy the ride as best as you can.


Well, now there's a nice pessimistic outlook!

Reply
Jan 16, 2024 15:12:42   #
robertjerl Loc: Corona, California
 
National Park wrote:
Clearly we aren't yet where we need to be. Who said we were? It's a new technology, but improvements are being made everyday. The leaps forward have been pretty amazing during the last 10 years. It is the future. I have an electric hybrid and love it--I get about 30 miles on the battery (25 miles in winter--not everyone lives in Alaska!) before it switches to a hybrid. I've driven the car more than 30,000 miles, and because most of my trips are commutes to work or the store I usually use only battery power. As a result, for every gallon of gas I've had to buy I've driven an average of 186 miles. 186 MPG! Try it, you might find that you like it.

BTW, actually, solar panels DO generate electricity during cloudy weather, rain or periods of indirect sunlight, just not as efficiently.

And if a storm knocks out the electric grid, I can't charge my car, but you also won't be able to gas up your guzzler. Fuel pumps in modern stations are powered by electricity. Some may have a generator to operate their pumps during power outages, but most do not. And, if the power is out credit card transactions will be off-line and can't be processed.
Clearly we aren't yet where we need to be. Who sa... (show quote)


I speculated if they invent more efficient panels. Wouldn't 100% or even 90% be great? I am well aware they work at very low efficiency on cloudy days etc.

As to gas for the car during an outage - ever heard of gas cans? Or if you are in a rural area you might have what my Grandfather had on the farm in the 50s. A 500 gallon tank with hand pump, his tractor and car burned the same grade of gas. Same for the propane gas kitchen stove and furnace in the farm house. A big honking tank in the backyard. When either needed filling, there was a guy in town who had tanker trucks to service the farms.

We are urban, but I still have it covered with one tanks worth of gas in cans and I have an electric mobility scooter that can haul 500 lbs including the driver and passenger (two seats) and at low speed has a range of over 30 miles. The way I ride it the range is more like 20 miles. I use it to get to and run around on the park trails with my cameras, where motor vehicles are a no no.
I have a couple of solar generators with extra battery packs and panels that are quite capable of recharging the scooter keeping the freezer or fridge going, recharging the backup battery for our CPAP machines and one small one that runs LED lights. I also have a charger for AAA to D cell batteries that will run off the small solar generator and those batteries in turn power a few LED lanterns for light plus a couple of battery powered radios - one of them has the weather and emergency channels. I also have a Ham license and an antenna extension for the hand held transceiver. The base station will run off a car/truck battery for a lot of days of normal talking

Reply
Jan 16, 2024 16:41:40   #
FrumCA
 
National Park wrote:
What an incredible crock of you know what. Source? And nothing is more important than saving the planet, unless you don't give a hoot about future generations.

Oops. Here ya go. I forgot that many of you are too lazy to take the title of a subject and Google it.
https://www.foxnews.com/opinion/bidens-trillion-dollar-climate-agenda-blowing-up-john-kerry-answer

Reply
Jan 16, 2024 16:43:20   #
FrumCA
 
National Park wrote:
Your solution is to do nothing except criticize the attempts of those who are doing something.

Reply
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