In Lesson 6 we learned how China is using our free market and America’s farmland to control and jeopardize America’s food supply. This week we will learn how the production of green energy in China and it’s Belt and Road partner countries damages the environment and potentially America’s economy.
The American Left is pushing the Green Agenda, which needs cheap electric vehicle (EV) batteries, EV autos, and solar panels to achieve their various green energy goals. But, gosh, America does not have cheap labor (read that forced labor/slave labor) nor are we mining the materials needed to make solar panels, EV batteries, and EV cars.
Good news, China does! Further, since China’s per capita consumption is low and since China has such a large population capable of producing a boat load of these products, China has quite an excess of them. This allows China to dump their excess green energy products on the American market in such large numbers and at such a cheap price as to potentially undercut many of America’s own industries and damage our economy.
Not to worry! Biden to the rescue! Let’s just have the Federal Reserve print a huge pot of money, call it the Inflation Reduction Act (IRA), and give it to American companies to encourage them to manufacture solar panels, EV batteries, and EV autos here in America.
But wait – someone forgot to put in the Inflation Reduction Act that our geopolitical adversaries (like China) cannot be awarded taxpayer funded subsidies for manufacturing green energy products here in America. So, now, because of the “brilliance” of the Inflation Reduction Act, China can get subsidies for solar panels, EV batteries, and EV autos; giving China yet another competitive advantage in the green energy sector.
The amount of these subsidies is nothing to sniff at either. Recall the Illuminate USA factory discussed in Lesson 4, located in Pataskala, Ohio. American company Invenergy owns 51% of this factory, with the other 49% owned by the biggest solar producer in China, LONGI. The Wall Street Journal estimated this one factory alone could be awarded up to $350 million per year from the Inflation Reduction Act.
You can’t make this stuff up. Fortunately, there are members of Congress attempting to address the issues with the IRA, and have introduced a bill (Protecting American Advanced Manufacturing Act) that would remove China’s ability to exploit the American taxpayer.
To decide for yourself how big of a threat this is to the American economy read this 6 minute article:
Article: Will China flood the globe with EVs, green tech? What’s behind latest US-China trade fight
Mining our Way to Clean Energy
As you watch this 6 minute video (or read the matching script), please ask yourself the following questions. What price should be paid environmentally and in human misery so those in developed countries can continue to live a modern lifestyle-while imagining green energy will alter our climate’s trajectory. And, if there is a solution, why are we in America not pursuing it?
Video: Mining Our Way to 'Clean' Energy
TAKE ACTION please!
After reading the first five lessons in the China’s Silent War on America lesson series, you now have more knowledge. Sadly knowledge is not power—unless it is put to use. Below are three ways to make this lesson more powerful.
- Share this lesson on social media. CLICK HERE to share on the facebook. CLICK HERE to share on X (twitter).
- Share this lesson via text or email. Simply copy this link then paste it into a text or email message to at least three friends.
- Call your Congressional Representative, and tell them to co-sponsor the Protecting American Advanced Manufacturing Act (H.R.6762).
We hope you have enjoyed these lessons.
From, Your Friends at Keep America for Americans
CLICK HERE for pdf of Lesson 7: China's Green Energy Policies Aren’t Green for America’s Environment or Economy