Biden, Jokowi Unveil $20 Billion Deal to End Coal in Indonesia
While Americans can’t afford gas or to heat their homes, Biden is bragging of a deal to subsidize solar panels in Indonesia.
Americans have too much money. And too much everything. Let’s give it all away.
The United States, Indonesia and other allies signed a $20 billion deal on Tuesday at the Group of 20 (G-20) summit that will help Indonesia reduce its reliance on coal.
The goal of the agreement, called the Just Energy Transition Partnership (JETP), is to help Indonesia reduce emissions and transition away from fossil fuels to renewable energy.
This isn’t a deal.
This is welfare and a bribe to convince a Muslim regime that has massacred Christians and continues to oppress them to switch its energy from reliable coal to worthless wind and solar.
And they’re taking us for every billion they can get.
The G7 and its partners have made multi-billion dollar offers to wean Vietnam, Indonesia and India off coal — but it has yet to convince emerging economies to drop the dirtiest fossil fuel.
The three deals have been under negotiation through much of 2022 and are being modeled on an earlier, $8.5 billion deal to shut down South Africa’s coal industry, dubbed a Just Energy Transition Partnership (JETP).
It’s hoped that at least two new partnerships might be unveiled during the COP27 U.N. climate talks, which start on November 6 in Egypt. Discussions with Vietnam and Indonesia have advanced to the point where initial cash offers of around $5 billion and $10 billion, respectively…
If you think that’s bad, the Green New Dealers want to get India and eventually China on board. And at that point we’re talking completely nightmarish numbers that would bankrupt everyone.
U.S. President Biden emphasized the importance of this partnership, saying, “Indonesia has shown tremendous leadership and ambition throughout the development of this partnership. The resulting new and accelerated targets demonstrate how countries can dramatically cut emissions and increase renewable energy while advancing a commitment to creating quality jobs and protecting livelihoods and communities.”
While destroying American jobs, livelihoods and communities.
Nemo me impune lacessit