Posted on 12/10/2021 11:49:55 AM PST by Oldeconomybuyer
WASHINGTON (Reuters) -The Biden administration has ordered U.S. government agencies to immediately stop financing carbon-intensive fossil fuel projects overseas and prioritize international collaborations to deploy clean energy technology, according to U.S. diplomatic cables.
The cables, seen by Reuters, say U.S. government engagements should reflect the goals set in an executive order issued at the start of the year aimed at ending American financial support of coal and carbon-intensive energy projects overseas.
"The goal of the policy described below is to ensure that the vast majority of U.S. international energy engagements promote clean energy, advance innovative technologies, boost U.S. cleantech competitiveness, and support net-zero transitions, except in rare cases where there are compelling national security, geostrategic, or development/energy access benefits and no viable lower carbon alternatives accomplish the same goals," a cable said.
The policy defines "carbon-intensive” international energy engagements as projects whose greenhouse gas intensity is above a threshold lifecycle value of 250 grams of carbon dioxide per kilowatt hour and includes coal, gas or oil.
(Excerpt) Read more at finance.yahoo.com ...
While at the same time Biden is begging OPEC to increase production......
does that include pipelines ?
This is “no problemo”; friendly China will just step right in to help, at very competitive rates!
Honest to God, these people behave and think like WWII just ended.
“greenhouse gas intensity”
What’s Biden’s “greenhouse gas intensity”?
And tomorrow he will demand the oil company CEOs come in and report why gasoline and Diesel is so expensive.
More like a year before WWII started.
Biden is nothing more than the enemy of the people.
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