Biden teams with corporate Left to raise your energy costs
The Washington Examiner outlines in a 24 September 2023 article the moves Biden has recently made to raise our energy costs while everyday Americans struggle to pay for essentials.
Congress has not voted to force the financial sector to adopt net-zero emissions investing regulations, but thanks to the magic of modern corporatism, that’s what the Treasury Department did this week.
Timed to coincide with the United Nations General Assembly on climate change, Treasury Secretary Janet Yellen insisted that the nine “Principles for Net-Zero Financing & Investment” were voluntary.
“Following the principles is, of course, voluntary, but many of those in this room are taking or have already taken actions consistent with some of the best practices they highlight,” Yellen said. “And for those that haven’t, we think they can be useful in clarifying what to consider.”
Those in the room were all well-heeled members of the global elite, who, after many failures at the ballot box, have turned to corporate power to force their impoverishing net-zero policies on the less wealthy and unenlightened.
Here is how it works. First, compliant management committed to installing net-zero policies worldwide at the largest investment firms: BlackRock, Vanguard, and State Street. Millions of people trust these institutions to manage their investments.
As part of that trust, corporations are allowed to use voting rights attached to their investors’ investments as they see fit. These firms then use that power to install corporate officers with the same ideological commitment to net zero that they have, and they use that voting power to pass shareholder resolutions, binding corporations to certain policies.
In this case, Yellen knows that many U.S. corporations have been manipulated by investment firms to adopt net-zero emissions policies. Now all the Treasury has to do is release “voluntary” guidelines on how corporations should implement their policies, and voila: by colluding together, the Treasury Department and the corporate elite have created carbon regulations enforceable through shareholder lawsuits that they never could pass through Congress.
The Treasury Department’s “voluntary” net-zero guidelines call on financial institutions to “consider transition finance, managed phaseout, and climate solutions practices when deciding how to realize their” net-zero commitments. What that sentence means is that the Treasury Department wants banks to defund fossil fuel production and invest in politically correct energy sources like wind and solar power instead.
(Read more on Biden’s green dreams of depriving you of green at the Washington Examiner)
And still Joe tries to sell Bidenomics. Why not just go with Bidenflation? Answer: It’s all power.
Why does Dementia Joe seek to take our guns despite the assurances of the Second Amendment being stronger than the “right to abortion” he rails about? It’s all about power and keeping you under the government’s thumb.
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White House pushes clean power in America’s coal towns
The Daily Wire documents the efforts by the demented regime to sell green power (aka coal poison) in coal towns.
The Biden administration announced on Tuesday that the Energy Department and other agencies would create incentives for companies to develop renewable power infrastructure in coal communities.
Investment and production tax credits established through the Inflation Reduction Act, and significant bonuses offered by the Treasury Department and the IRS, will encourage firms to locate new clean power initiatives in “energy communities, particularly coal communities.” Biden administration officials have frequently advocated for a transition away from fossil fuels but have claimed that their emphasis on clean energy will replace lost jobs in the sector.
“President Biden came to the White House to end years of big words but little action to help energy-producing parts of the country, who for decades saw jobs exported out and products imported in, all while other countries surpassed the United States in critical sectors like infrastructure, clean energy, and semiconductors,” the White House said in a fact sheet. “The actions announced today will drive new investments in energy communities to support their economic revitalization, strengthen American supply chains, and help ensure coal, oil, and gas workers benefit from the new clean energy economy.”
The Energy Department will allocate $450 million in Bipartisan Infrastructure Law funds to support “clean energy demonstration projects” on current and former mine land in coal communities. Another $16 million will finance research at the University of North Dakota and West Virginia University to create a refinery that could “extract and separate rare earth elements and other critical minerals from coal ash, acid mine drainage, and other mine waste.”
Developers in the United States have transitioned away from coal production: nearly one-quarter of the nation’s coal power capacity is slated to be retired by 2029, according to data from the Energy Information Administration, while companies have not reported any plans to construct new coal facilities as of September 2022. The decreased emphasis on coal production and broader move toward green energy comes even as nations such as China and India rapidly expand their reliance on fossil fuels and increase their emissions.
Critics say that actions from the White House to discourage fossil fuel production will reduce the supply of affordable energy and stifle the economy by destroying employment opportunities. President Joe Biden signed an executive order on the first day of his administration revoking a key permit for the Keystone XL Pipeline; Fox News reporter Peter Doocy subsequently questioned former White House Press Secretary Jen Psaki on where the thousands of dismissed employees from the project could find their new positions.
“President Biden has proposed a climate plan with transformative investments and infrastructure,” Psaki said at the time, “and laid out a plan that would not only create millions of good union jobs but also help tackle the climate crisis.”
(Read more at the Daily Wire)
We are still waiting for the green jobs created by the Biden statistics (BS) Department of Labor
It seems we will wait forever for those promised green jobs (both the ones promised for the Keystone Pipeline workers and those promised to the coal town workers). This amounts to nothing but another power play. Give him the power and he will play against you.
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China Benefits Directly From US Energy Policy
The Epoch Times comments on the direct benefits China recieves from Joe Biden policies meant to cripple our oil and gas industries and our coal mining industry.
The Biden administration’s push to transform the U.S. economy through overregulation and suppression of oil and gas exploration while heavily subsidizing so-called renewable (and expensive) energy sources, such as wind and solar, not only ignores the key to economic growth (cheap energy) but also plays into the hands of the top threat to the American Republic—the Chinese Communist Party (CCP).
Let us explore the issue.
Biden’s Energy Policy
President Joe Biden’s energy policy is enshrined in the “Inflation Reduction Act,” a gargantuan $700 billion omnibus bill passed in August 2022. Roughly $369 billion of the total was earmarked for “renewable energy” ($30 billion), utility conversion to green energy ($30 billion), ten years of subsidies for “energy-efficient” doors and windows, and tens of billions in green energy transportation “investments,” as noted by The Heritage Foundation. Regarding the latter, President Biden signed an executive order in August 2021, “setting a national goal for zero-emissions vehicles to make up half of new cars and trucks sold by 2030,” as reported by NBC News at the time.
Furthermore, President Biden completely reversed the Trump administration’s policies that deregulated and incentivized U.S. oil and gas production by canceling the Keystone XL and Dakota Access pipelines, placing a hold on new oil and gas leases (adding uncertainty among investors), and ultimately terminating exploration on “protected” federal lands.
The result was a shift from oil and gas exporter to importer in two short years and a spike in gasoline prices at the pump from $2.195 per gallon in December 2020 to $4.444 in May 2022. Before the 2022 midterm elections, the administration was forced to drastically draw down the Strategic Petroleum Reserve by an unprecedented 40 percent to lower prices. The SPR is supposed to be used for emergency and wartime purposes, not for price manipulation during an election cycle.
The overall Biden energy policy objective plays right into the hands of the CCP, which seeks to supplant the United States as the world’s only superpower while concurrently making money off the diminishment of the United States as it pursues a misguided energy conversion from reliable and cheap hydrocarbons to ephemeral, intermittent, and costly “green energy” sources.
The Biden administration is phasing out America’s long-held strengths in oil, natural gas, and gasoline-power vehicle manufacturing while encouraging Americans to invest in green technology and buy electric vehicles that require components that contain rare earth elements. According to the Financial Times, “China is responsible for the production of about 90 percent of the world’s rare earth elements” and also “at least 80 percent of all the stages of making solar panels and 60 percent of wind turbines and electric-car batteries.” As reported by Real Clear Wire in August, “Rare earth metals are integral to the magnets key to electric vehicle motors and wind turbines. America is 95 percent net import reliant on such materials, which China produces 70 percent of globally.”
(Read of the multiple inflationary effects of Biden’s acts along with the building of Chinese power at The Epoch Times)
GOP senators raise concerns about 18,000 Chinese nationals having crossed the Southern border in 2023
Fox News points toward a recent Republican letter citing the 18,000 Chinese nationals caught crossing our Southern border in 2023.
Republican senators, led by Sen. Roger Marshall, R-Kansas, are raising concerns about a “significant threat” to national security posed by an increase in Chinese nationals at the southern border — who the lawmakers say are being almost entirely released into the U.S. and could have ties to the Chinese Communist Party.
The lawmakers wrote to DHS Secretary Alejandro Mayorkas expressing concern about the approximately 18,000 Chinese nationals who have been encountered at the southern border this fiscal year. That’s compared to just over 2,000 in FY 2022, and just 450 in FY 2021.
They note that numbers have continued to increase and that the overwhelming majority are single adults. Lawmakers signed onto the letter include Sens. Mike Braun, R-Ind., Pete Ricketts, R-Neb., Marco Rubio, R-Fla., and Thom Tillis, R-N.C.
“July set the record for nationwide encounters with Chinese nationals with just over 6,100. 94.8 percent of Chinese national encounters in FY23 have been single adults,” they say. “This trend poses a significant threat to our national security and warrants immediate attention and action from the Department of Homeland Security (DHS).”
They go on to say that “it is our understanding that not a single one of these individuals encountered has been detained for any length of time but rather benefited from this administration’s policy of catch and release.”
They note prior concerns, including from Republicans in Congress, that some of those single adults could potentially be tied to the Chinese Communist Party.
(See the letter and read the rest of the article at Fox News)
So the Chinese have not only benefitted, but seem emboldened enough to mount a seeming attack on America
With Joe Biden’s attempt to weaken America’s oil industry, China now seems encouraged to take steps against us (and maybe our allies).
What will wait in store for an American military that once took traitorous steps to undercut any possible move by President Trump? What will be in store for a U.S. military made more aware of pronouns and focused on White rage than on our enemies?
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Chilled By Biden, Saudi Arabia leads OPEC to cut oil production. Gas prices could soar.
The Daily Wire explores either a dissimularity between Obama and Biden (Joe Biden’s distain for the a group of Muslims) or a similarity between the two (Joe’s and Barack’s love for the Iranians).
Saudi Arabia, whose relationship with the United States has taken a nosedive during President Joe Biden’s tenure, announced on Sunday it would lead the members of the Organization of the Petroleum Exporting Countries (OPEC), including Russia, to cut over one million barrels of output a day starting next month, which could cause higher U.S. inflation.
Saudi Arabia also stated it would cut production by another 500,000 barrels a day starting in May. Oil prices soared 7.5% at the week’s open after the Saudi announcement. Kevin Book, managing director of Clearview Energy Partners, told CBS News the cuts could cause U.S. gasoline prices to rise roughly 26 cents per gallon.
The move on Sunday follows OPEC’s decision last October to reduce production by two million barrels a day. “There’s going to be some consequences for what they’ve done with Russia,” Biden threatened in October. “I’m not going to get into what I’d consider and what I have in mind. But there will be — there will be consequences.”
“President Biden said he would make the kingdom of Saudi Arabia a pariah state. That was an enormous mistake,” former Secretary of State Mike Pompeo said. “But let’s look at the facts. They are an important security partner for the United States. There’s only one country in that whole region that wants to threaten the United States of America and Israel and wipe us from the face of the earth. That’s the leadership in Iran and the kingdom of Saudi Arabia’s been an important partner in helping protect us from that threat.”
(Read more at the Daily Wire)
Does this prove Joe unfit to govern or just ultra-committed to the eco-freak movement
Since Joe cannot stop the flow of oil worldwide, I will have to go with the former rather than the latter.
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The story that keeps repeating like a broken record
Biden admin blocks off millions of acres from oil, gas leasing after settling with eco groups
Fox News again brings us news of Joe Biden closing off millions more acres of oil and gas leaseing after he met with wildlife and environment-protection groups.
The Biden administration blocked off millions of acres of federal waters from an upcoming oil and gas lease sale as a result of its settlement with environmental groups over wildlife protections.
The Bureau of Ocean Energy Management (BOEM), an Interior Department subagency tasked with managing offshore energy development, published a final notice of sale for Lease Sale 261 late Wednesday, including six million fewer acres than it previously scheduled. The Gulf of Mexico lease sale is set to take place in late September and marks the final planned federal oil and gas sale.
“The biggest impact will be on the reduced acreage that is going to be offered in the lease sale,” National Ocean Industries Association President Erik Milito told Fox News Digital in an interview ahead of the announcement. “That is a massive amount of highly-prospective acreage that could lead to energy production, especially when you consider that there are producing facilities in the proximity of some of that acreage.”
Milito added after the announcement that BOEM’s decision to strip millions of acres from the sale and issue other restrictive conditions on companies “poses a real barrier to America’s energy production capabilities, at a time when they’re needed more than ever, with inflation driving up the costs of everything for Americans, including gasoline at the pump.”
Overall, BOEM said it would offer 12,395 blocks across approximately 67 million acres in multiple regions of the Gulf of Mexico, less than the 13,620 blocks across 73.4 million acres it originally planned to offer. According to industry, the acreage stripped from the sale included potentially oil-rich tracts located in the middle of the lease area.
Offshore lease sales often span large swaths of federal waters, but earn bids on a fraction of blocks projected by companies to contain more resources and to have a higher return on investment. For example, BOEM auctioned off 73.3 million acres during Lease Sale 259 in March, but received bids worth $263.8 million for 313 tracts spanning 1.6 million acres.
(Read more at Fox News)
How about a break for those trying to protect their families from Leftist nuts, Joe?
Can you give those who want to feed our children some consideration?
Can you provide a little freedom and support for people who want to protect their children from perverted views being slung around in some schools today?
Can you allow old ladies to pray for the coming generattions, or will you emprison them as a message to those who would stand against your power?
I think we know the answer.
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Gas prices in LA soar to over $6 a gallon as oil keeps climbing
In seeming answer to the question posed just above, the New York Post comments on the ever-upward trajectory of gasoline prices under the Biden regime.
A regular gallon of gas costs more than $6 on average in some parts of the Los Angeles area while prices reached as high as $7 in some parts of California on Tuesday as dwindling oil supplies put the squeeze on American motorists.
It was the first time since October of last year that gas in LA and Orange Counties surpassed the $6 threshold, according to Fox 11 Los Angeles TV.
The national average of a gallon of gas stood at $3.88, rising some eight cents in the span of a week, according to the American Automobile Association.
At this time last year, a gallon of gas was 18 cents cheaper nationally, AAA said.
Relief doesn’t appear to be on the horizon, at least not in the short term.
Chevron CEO Mike Wirth predicted that oil prices would get “close” to $100 a barrel.
“Supply is tightening, inventories are drawing … the trends would suggest, we are certainly on our way, we are getting close (to $100/bbl),” Wirth, who heads the nation’s second largest energy producer, told Bloomberg TV on Monday.
The uptick in gas prices has fueled higher rates of inflation — forcing consumers to shell out more for fuel while limiting discretionary spending.
(Read more at the New York Post)
The burden is on us, the voters, to contact our Representatives
Our government has not yet gotten so corrupted that we cannot still contact the closest part of it. Therefore, we must contact those vested with the power of the purse to use that power. We must tell them to bring this behemoth into reign.
No more extravagent spending. No more pie in the climate sky.
Bring this budget down to earth and bring our jobs back to where we can access them.
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As part of a massive, pre-holiday weekend document dump by the Biden administration on June 30, the domestic oil and gas industry received an unwelcome gift from the U.S. Fish & Wildlife Service (USFWS), one that shifts Mr. Biden’s continuing war on oil and gas to the Permian Basin. In a 
Mark 1:1 
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