U.S. energy experts are warning of the economic and national security implications of President Biden’s pact with China this week to move towards shutting down fossil fuel production in favor of green energy. The State Department announced this week it had struck a deal with its Chinese counterparts pledging to “accelerate the substitution for coal, […]
Tag: Fossil Fuels
Experts blame green energy for Europe’s full-scale energy crisis
Green energy policies in Europe designed to rapidly shift the continent away from fossil fuel dependence have contributed to soaring power prices in the region. The European benchmark index measuring future electricity prices increased to a record $993 per megawatt hour (MWh) on Monday, days after prices in France and Germany surged 25%, according to […]