President Joe Biden has pursued an energy agenda that includes shutting down oil pipelines, which critics say has led to skyrocketing gas prices for American consumers.
Meanwhile, reports confirm that China has announced an effort to increase its domestic supply of coal.
Demand increases as winter approaches
According to Breitbart, the communist regime has ordered miners to ramp up coal production in order to avoid a blackout this winter.
The nation previously lowered coal production in an apparent bid to appease Western climate activists, but that policy has clearly been reversed as China cracks down on coal producers to generate as much as possible.
With winter approaching, China’s National Development and Reform Commission has asserted that current coal prices are unacceptably high and tasked producers with doing more to bring them down.
Among the measures being discussed to achieve its goal are price caps and profit limits.
“A further irrational upward trend”
In a statement, the NDRC claimed: “The current price increase has completely deviated from the fundamentals of supply and demand, and the heating season is approaching, and the price is still showing a further irrational upward trend.”
Of course, this position is a stark contrast with the Biden administration, which has repeatedly cited climate change as an excuse to transform American society while making the U.S. more dependent on foreign sources of energy.
Such economic forecasts have not deterred the Biden administration from pursuing a clean energy agenda that seeks to slash carbon emissions by 50% in less than a decade. Reports indicate U.S. coal consumption has increased since 2020 despite the best efforts of the president and other Democratic leaders.
China appears to be seizing on the situation, with the state-run Global Times noting: “Reports say that Europe’s investment in fossil fuels has dropped significantly. However, clean energy has failed to effectively fill the gap caused by the reduction in fossil fuel supply.”