Well, well the Biden war on oil and gas..
and his re-entering the US into the debacle know as the Paris Climate Accord seems to be backfiring as his friends in China and Europe are driving the price of COAL to new highs.
“Prices for thermal coal—which power plants burn to boil water into steam, spin turbines and generate electricity—have more than doubled over the past year.” WSJ 5/25/21
The conundrum for those who actually buy into the Paris Climate Accord is that many of those who signed it are in fact huge consumers of energy. The transition to ‘sustainable renewable’ energy is too costly to dump on their consumers where they would either be voted out or might face an internal coup in the case of China.
”at "Well, well the Biden war on oil and gas.. and his re-entering the US into the debacle know as the..." - June 30, 2021 at 09:01AM
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