President Joe Biden’s administration is working to wean the U.S. off of oil and onto green energy, but markets are pushing consumers toward using more coal instead.
The world’s largest economies are increasing coal purchases in the wake of Russia’s invasion of Ukraine impacting oil and gas supplies, led by Europe now that Russia has cut gas supplies to the E.U., The Wall Street Journal reported Monday. [bold, links added]
Among the places where coal consumption is surging are parts of the U.S., exacerbated by strong heat waves pushing power grids to the limit.
Coal is the dirtiest fossil fuel in the world, putting out twice the CO2 emissions as natural gas does.
And with the Biden administration unwilling to make long-term investments in the industry, the easiest form of energy to ramp up production of is the lowest-quality coal, according to the WSJ.
Coal consumption plummeted in the last decade in the West due to the negative climate impact of the fuel, according to the WSJ.
The U.S. shifted heavily toward natural gas, driven by a fracking boom. Now, the Biden administration is declining to make long-term investments in the fossil-fuel industry in an attempt to shift the U.S. toward renewables.
However, coal is still a leading fuel globally. While usage has declined in the U.S. and Europe, it’s widespread in India, the world’s second-most populous country, and China, the world’s leading carbon emitter, according to the WSJ.
Read more at Daily Caller
“now that Russia has cut gas supplies to the E.U.”
Correction: “now that the EU has decided not to pay for Russian gas supplies”
Biden is lower then a snake in a wagon rut Soon he will be the most unpopular American President in this nations over 240 year history his only fans being bunch of Tyrants, Despots and Brain-Dead Eco-Freaks from Greenpeace, NRDC, Friends of the Earth and other sorts of idiots
Hooray for Coal
But Taffyhead Joe cares more about
underage boys entertaining his friends at the WH after hours
than what the plebians pay for energy
if he’ll even allow them to have dependable energy
The blackouts will happen before Thanksgiving!