Monday, October 18, 2021

The PRC is really getting its moneys worth out of Biden & Co.

Chinese companies currently manufacture close to 30 percent of the world’s wind turbines and a whopping 71 percent of all solar panels in the world, making China the industry’s largest country of origin for the Left’s favorite “clean energy” sources. The U.S. manufactures just 10 percent of global wind turbines and only 3 percent of all solar panels.

Never mind that those “environmentally friendly” replacements to oil and natural gas are shipped to the U.S. on oil-burning cargo freighters or that Chinese solar panel production relies on forced labor by enslaved Uyghurs, a Muslim minority in the far west of China that Beijing has terrorized and imprisoned in internment camps.
To help pay for it all, the infrastructure bill would raise the federal gasoline tax by 191 percent, from 18.3 cents to 53.3 cents. The federal government raised roughly $36 billion in gas taxes in 2019, mostly paid by working-class and middle-class drivers. (The average American drives over 13,000 miles per year.)

Gas prices are already at a seven-year high, driven in part by crude oil shortages that drove the price per barrel to over $80 this year for the first time since 2014, causing the U.S. to import the largest amount of Russian crude in a decade.

1 comment:

RHT447 said...

Yup, “environmentally friendly”--