Energy dichotomy: Asian coal gains momentum as Biden undermines U.S. economy - CO2 Coalition

Energy dichotomy: Asian coal gains momentum as Biden undermines U.S. economy - CO2 Coalition
"...President Biden has blamed OPEC for not producing oil at a faster pace and appears to be pleading with countries to release more oil.

However, the real reason for the U.S. crisis has been Biden’s anti-fossil fuel agenda that has inhibited the production of more oil and natural gas. 

• The country has gone from being energy independent in 2020 to being short on energy.
• But here in Asia, the situation is completely different. Key countries like India, China and Japan have invested heavily in securing fossil fuels, knowing that no other source (except for nuclear and, to some degree, hydro) can sustain primary energy demands. Despite promising to reduce emissions of carbon dioxide, Asian economies are on a track to burn more coal that contrasts starkly with the Biden administration’s energy policy and with the hostility toward fossil fuels at the recent COP26 climate meeting. Coal production is now on the rise in Asia after China and India urged their industries to ramp up output following severe shortages of coal during September and October...Read all.