Could Biden’s climate agenda bring about permanent recession?

Americans are asking “Are we in a recession?” or “When are we going into recession?” Opponents of the current administration suggest that should US President Joe Biden continue to pursue his climate, fossil-free agenda, American economy could fall into a permanent recession.

It could partly be replaced by nuclear power, but the radical green policies advocates are completely hypocritical about this alternative and they always oppose nuclear power. The majority favour electric cars, but it will take fossil fuels to build them. It will take fossil fuels to mine for the resources and what is seldom taken into account is the idea of technological advance and innovation that make fossil fuels, particularly natural gas and LNG, cleaner and cleaner.

In Japan, Biden delightfully talked about an incredible transition away from fossil fuels. He is pleased to see sky-rocketing gasoline prices. That is when he made his “incredible transition” remark, and then he says “God willing, when it is over, we’ll be stronger and the world will be stronger”. The repercussion of such kind of thought is worrying observers who, of course, look forward to a healthy economy without fossil fuels provided that it is a strong economy.

These radical progressive green ideas have never been explained. Alternatives to replace fossil fuels have never been duly discussed. Around 70% of the electricity in the United States country comes from fossil fuels. It cannot be replaced by unreliable wind turbines or solar cells in no time.

Technology has made US air and water the cleanest of all the big countries in the world. That is why there is no emergency. That is why there is no immediate existential climate threat. The United States is famous for the tremendous advances in carbon capture and storage, which will make fossil fuels cleaner and cleaner.

Some voices suggest that higher gasoline prices will make renewables more attractive. That kind of thinking is why Biden’s progressive presidency could turn out to be an economic failure because it cares only for the rich.