Like the Europeans now reaping the climate-policy whirlwind, President Biden and his party are too heavily invested in the matter with their base and (like a growing flock of Republicans) with their donors to let go.īiden’s use of the State of the Union reflected an unnerving resistance to change course when certain inevitable consequences of the “green” agenda are coming home to roost. from getting allies to do more-is that it needs Putin’s oil and gas.īut only so much, and Putin seems to have overestimated how much.ĬHRISTOPHER HORNER: Biden’s Energy Policy: Something for Nobody. The reason Europe didn’t have a muscular deterrent threat to prevent Russian aggression-and in fact prevented the U.S. That’s how Russia ends up supplying about 20 percent of Europe’s oil, 40 percent of its gas, and 20 percent of its coal. Russia mines 800 million tons of coal each year but uses 300. He knows Russia now produces over 700 billion cubic meters of gas a year but only uses around 400 billion. The former KGB agent knows Russia produces 11 million barrels of oil per day but only uses 3.4 million. He knows that Europe uses 950 million tons of coal a year but produces half that. Putin knows that Europe produces 230 billion cubic meters of natural gas a year but uses 560 billion cubic meters. Putin knows that Europe produces 3.6 million barrels of oil a day but uses 15 million barrels of oil a day. The West’s Green Delusions Empowered Putin: While we banned plastic straws, Russia drilled and doubled nuclear energy production.
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