As China revs up battery production, Dem lawmakers see another Middle East nightmare
[ Editor’s Note: We have been here before, with the cranking up of a foreign bogeyman that will impoverish us all unless we give out massive subsidies to American business to save us. We have been stupid enough to buy this over and over in the past, but what now?
This is a double con actually, with the Chinese battery bogeyman ‘controlling’ the market, and the mirage of high paying US jobs from a dreamed up story of a new high wage jobs to make a non-competitivw product for the world market, and yet will be ‘good for America.
Yes folks, they really do think we are that stupid, and we probably are if the past is any hint. This slick scam should have bi-partisan support, with the Republicans getting all the quick benefits on the front end with legislated subsidies, whereas the public benefits will be ‘catch you later if and when it all comes together and you can affort to buy what we produce…and it works.”
Mr. Knapp wastes no time in calling for eternal subsidies for battery manufacturing, “We need to support battery manufacturing the same way we support other critical industries, which is every year.”
I remember back when big scams were disguised so the public would not find out about them until way to0 late in the game to fix the mistake. Nowadays, they think we are so stupid they just lay it all out in the first press release.
Someone thinks we are too stupid to breath, to borrow a phrase from someone here at VT. And maybe they are right. As for me, I am investing in the sailing bicycle, made in China of course but I will produce the wind sails here. Email about how you can get in on the bottom, and stay there 🙂 … Jim W. Dean ]
First published … April 20, 2021
The clean energy economy is being made in China. Washington Democrats are launching a late-stage rush to lure it back home.”This can’t be a one-shot deal,” said Jason Knapp, vice president for government relations for battery cell maker KORE Power.
“We need to support battery manufacturing the same way we support other critical industries, which is every year.
“We don’t produce any of the rare earth minerals, or very, very, very little of any rare earth minerals that it takes to make a battery,” Sen. Joe Manchin (D-W.Va.) said during an event Monday at the National Press Club.
“If we don’t catch up, America will miss the chance to shape the world’s climate future in a way that reflects our interests and values, and we’ll lose out on countless jobs for the American people,” Secretary of State Tony Blinken said Monday in remarks on clean energy.
“In 1973 and 1979, when the oil supply was intentionally limited to the U.S. in response to what was going on in the Middle East, and the biggest response was a diversification of supply,” said Ernest Moniz, who served as secretary of energy under former President Barack Obama. The same idea should be applied to trade of batteries and their components between the U.S. and China, Moniz said.