Biden’s 2-Trillion Dollar Blunder Imperils Economic Recovery

By Vijay Jayaraj -- August 4, 2020 6 Comments

“A 100 percent transition to non-carbon energy sources is simply impossible. Even a 50 percent reliance on renewables like solar and wind wouldn’t be possible without widespread energy shortage and a collapse of the economy.”

Joe Biden, the presumptive Democrat nominee for President, recently unveiled his “new infrastructure and clean energy plan.” If enacted, it could have devastating and long-lasting impact on the American economy.

Why? The $2 Trillion Clean Energy Plan will essentially strip the American economy of its backbone: the conventional energy sector.

Biden’s announcement page declares that “he will make a $2 trillion accelerated investment, with a plan to deploy those resources over his first term, setting us on an irreversible course to meet the ambitious climate progress that science demands.”

An “irreversible course”? Regardless of whether the proposed “clean” technologies fail in the future?…

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