Energy
Energy policies proposed at Republican and Democrat conventions are worlds apart
From the Daily Caller News Foundation
Democrats Are On A Different Planet
As Republicans and Democrats meet at the conventions and propose policies for the next four years, the contrast between Republican and Democrat energy policies could not be greater.
Republicans would speed up oil and natural gas production; eliminate mandates to purchase electric vehicles; get rid of subsidies for renewables; and end dependence on China. Democrats propose to electrify the energy supply, ridding the economy of gasoline-powered vehicles and natural-gas appliances and substituting solar and wind for legacy fuels.
Through a series of executive orders and regulations, President Joe Biden has reduced federal oil and gas leases. America has 373.1 billion barrels of technically recoverable crude oil resources, and 2,973 trillion cubic feet of technically recoverable natural gas resources — an 85-year supply. Expect the next Republican administration to encourage production and use these resources to lower energy prices at home and around the world.
A Republican president would be able to reverse Biden’s executive orders and regulations. Increasing energy production is fourth out of 20 promises in the 2024 Republican Platform, “We will DRILL, BABY, DRILL and we will become Energy Independent, and even Dominant again. The United States has more liquid gold under our feet than any other Nation, and it’s not even close. The Republican Party will harness that potential to power our future.”
A Republican administration would allow a choice in cars. The Republican Party Platform calls for cancelling the mandate for EVs.
The Biden administration is subsidizing electric vehicles through the Inflation Reduction Act. Companies are paid to manufacture these EVs and consumers get tax credits to buy them. The Environmental Protection Agency’s final tailpipe rule would require 70% of new cars sold and 25% or new trucks sold to be battery powered electric or plug-in hybrid by 2032.
The Biden administration has focused on providing wind and solar power through billions in tax credits in the Infrastructure and Jobs Act and the Inflation Reduction Act. Either directly or through access to banks and Wall Street investors, it is deciding who is suitable to receive funding for energy projects.
But government control of energy is control of people and the economy. This is one reason why the trend toward nationalization of our energy industry through government mandates, bans on the production and use of oil and natural gas and reorganization of the electric grid is so dangerous.
Under a new Republican administration, rather than slowing down pipeline approval, the Federal Energy Regulatory Commission would focus on speeding it up. The Bureau of Land Management would prioritize approving both onshore and offshore drilling permits. The Security and Exchange Commission would no longer look at climate effects of companies’ investments, and the Office of the Comptroller of the Currency would not look at the climate effects of bank loans.
Democrat energy policies increase dependence on China because China makes nearly 80% of the world’s batteries and is home to 7 out of 10 of the world’s largest solar panel manufacturers, and 7 out of 10 of the world’s largest wind turbine manufacturers. China dominates the critical minerals such as lithium and cobalt required for EVs through its own mines and by purchasing mines in Africa and Latin America.
Trade with China is not free or fair. China can produce lower-cost goods because it subsidizes labor, capital and energy. It uses forced labor from Xinjiang; gives low-interest rate loans to favored companies; and is not bound by the clean energy regulations of the West.
The next administration should use America’s domestic resources and provide tools to assist our allies and deter our adversaries.
Diana Furchtgott-Roth, former deputy assistant secretary for research and technology at the U.S. Department of Transportation, is the director of The Heritage Foundation’s Center for Energy, Climate and Environment.
Daily Caller
Key Trump Cabinet Nominees Face A Daunting Energy Policy Mess
From the Daily Caller News Foundation
By David Blackmon
Just so we can frame this for everyone in the room, China will build 100 new coal plants this year. There is not a clean energy race. There is an energy race.
After a week spent watching hours of the various Senate confirmation hearings for some of President-elect Donald Trump’s cabinet nominees, one compelling thought lingers with me more than any other: Does Democrat Sen. Mazie Hirono of Hawaii have a seat on every Senate committee?
The answer to that is “no,” but it seemed that way as the Senator began her questioning of nominees ranging from Pete Hegseth (Defense) to former Florida Attorney General Pam Bondi (Justice) to former Republican North Dakota Gov. Doug Burgum (Interior) to Chris Wright (Energy) by posing some iteration of the following question: “ … since you became a legal adult, have you ever made unwanted requests for sexual favors or committed any verbal or physical harassment or assault of a sexual nature?”
Sadly, Hirono’s farcical style of questioning turned out to be less of an exception than a rule among the Democratic members of these committees as the week wore on. Democrat Sen. Tim Kaine of Virginia ended his questioning of Hegseth by literally asking if he had ever beaten his wife, an obvious smear which Hegseth denied.
It was all sad to witness, a troubling indicator of the health of both the Democratic Party and the American Republic. But what it all revealed by Friday is that the Democrats are unlikely to claim any scalps from among this week’s slate of nominees. Where energy policy is concerned, that means that the three departments/agencies that are most impactful in that realm are likely to be led by former Republican Rep. Lee Zeldin of New York at the Environmental Protection Agency (EPA), Burgum at the Department of the Interior and Wright at the Department of Energy.
Seldom if ever in this country’s history have three more capable, knowledgeable and effective individuals been in positions of leadership to help reform and recover from the waste and misallocation of taxpayer dollars that have characterized President Joe Biden’s 4-year presidency.
I have written several times here that the inevitable outcome that will result from pretty much every aspect of the Biden Green New Deal policies will be to render America dependent on China for its energy security, due to Chinese dominance of global processing and supply chains for all forms of and raw materials for renewable energy and electric vehicles. This is obviously not a sustainable situation, and it is clear that Trump and his key nominees fully understand that reality.
U.S. dependency on foreign adversaries is not limited to China. One such area involving a different country holds high stakes related to the goal of a renaissance in nuclear power often touted by Republicans and some Democrats alike.
In a revealing exchange, Wright and Republican Sen. John Barrasso of Wyoming discussed America’s recent dependence on Russia, of all countries, for imports of enriched uranium. As Wright pointed out, this is a technology first invented in the United States, but our country has virtually no existing capacity for uranium enrichment today. This is, as Wright called it, “a sad state of affairs” that has been caused in large part by wrong-headed federal environmental and permitting policies.
Unfortunately, the Biden cure for this pressing energy security matter could be even worse. As U.S. and NATO sanctions have gradually shut down Russia’s exports of enriched uranium, the U.S. nuclear industry has become reliant on imports from — you guessed it — China.
“As those [sanctions] shut down Russian uranium … we see more imports from China,” Wright testified. “We need to get beyond that … without shutting down the nuclear power plants we have running today. It is an area that requires urgent action.”
In another revealing exchange, Trump’s nominee for Treasury Secretary, Scott Bessent, disagreed with Democrat Sen. Ron Wyden of Oregon about the Senator’s claim that the United States is involved in “an arms race on clean energy” with China.
“Senator Wyden, just so we can frame this for everyone in the room, China will build 100 new coal plants this year. There is not a clean energy race. There is an energy race,” Bessent replied. Truer words were never spoken, and it is impossible to win that energy race when the United States is increasingly dependent on China for its very energy needs.
These and other Trump nominees have an enormous mess to clean up from the profligate spending and waste of the Biden years. Fortunately for the country, their work begins Monday. Not a moment too soon.
David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.
Alberta
Before Trudeau Blames Alberta, Perhaps He Should Look in the Mirror
From EnergyNow.ca
There has been a lot of talk about how Premier Danielle Smith did not sign a statement of support with the Government of Canada regarding a unified response to any tariff action taken by incoming President of the United States, Donald Trump.
Trudeau singles out Alberta premier for not putting ‘Canada first’ in break with other provinces
Thanks for reading William’s Substack! Subscribe for free to receive new posts and support my work.
While it is easy to throw stones at Premier Smith and call her actions one of selfishness, placing the interests of Alberta ahead of Canada, I think there are a number of reasons why one could reply that she was well within her right to act as she did. Over the last decade, Trudeau has gone out of his way to vilify the oil and gas industry, through his continual bad mouthing of the industry as being antiquated, and implementing policies that ensured that capital flight from the space accelerated, infrastructure projects were cancelled and massive levels of uncertainty were overlaid on the investment landscape going forward. Despite all this, the oil and gas sector still remains one of the most important economic contributors to the economy and is the largest component of exports from Canada to the United States, and it isn’t even close.
The Observatory of Economic Complexity (OEC)
The ironic thing of all this? To get oil to the refineries in the east, you need to IMPORT it by pipeline from the United States or primarily by ship to Quebec and New Brunswick. Had the Energy East Pipeline been built, Canadian refineries could have had Canadian domiciled product to satiate them. Moreover, had Northern Gateway been built, we would have diversified our client list beyond the United States. Sure, the Trans Mountain Pipeline was built, at extraordinary cost and timelines, and some “credit” is due to the Government getting it done, but the proof is in the current landscape that we operate in.
Now, coming back to the beginning. Why do I think Trudeau should look in the mirror before throwing rocks at Premier Smith? I come back to 2015 when Trudeau said Canada is the world’s “first postnational state” and that “there is no core identity, no mainstream in Canada.” He has gone about taking away what many of us grew up with, namely a sense of Canadian identity, and tried to replace that with shame and no collective identity. What is a post nation state you may ask? Post-nationalism or non-nationalism is the process or trend by which nation states and national identities lose their importance relative to cross-nation and self-organized or supranational and global entities as well as local entities.
So, is it any wonder that people are starting to question what is Canadian any more? At a time when Canada is under significant threat, the irony that Alberta likely represents the best tool in this tools (Trudeau) economic toolbox, is wildly ironic. As they say, karma’s a bitch.
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