A Green Embargo By China Would Trigger Financial Crisis Imploding US Economy – OpEd
In 1973, the Organization of Arab Petroleum Exporting Countries (OPEC) imposed an oil embargo against the United States, triggering a crude oil crisis that sent the U.S. economy into a recession.
Move over OPEC, today, the “green” revolution to occasionally generated electricity from wind and solar has the world on the cusp of a Green Embargo by China that may trigger financial crisis that could send the U.S. economy into a recession.
50 years ago, in the aftermath of the 1973 oil crisis in 1977, the Department of Energy (D.O.E) was established to lessen our dependence on foreign locations for America’s energy independence but today, with its 14,000 employees and a 2024 budget of $52B dollars, the D.O.E. continues to remain dead silent and has allowed foreign nations to take control of California, and for China to monopolize the supply chain of minerals and metals for America to achieve it’s “green” policies.
Environmentalists’ vision just toward the wealthier countries on this planet that can afford the cost of regulations for the environmental movement to large batteries for electric cars, trucks, buses, and for electricity to be generated........
© Eurasia Review
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