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Biden Administration’s Net-Zero Climate Agenda Is a Loser for Americans, International Energy Agency Confirms

May 26, 2021

The Biden/Harris administration's goal of reaching net zero carbon dioxide emissions by 2050 will require a huge, unrealistic transformation of the energy system.

From the study:

The International Energy Agency (IEA) has just released two major reports that destroy the plausibility and advisability of the Biden-Harris net-zero climate agenda.

• Net Zero by 2050. Achieving “net-zero” carbon dioxide emissions by 2050 “calls for nothing less than a complete transformation of how we produce, transport and consume energy.”

• The Role of Critical Minerals in Clean Energy Transitions. Net-zero by 2050 will require an abrupt shift to wind, solar and electric vehicle technologies that vastly expand the need for hard rock metals and minerals. These raw materials are largely mined and/or processed in China. The points that follow are related to this report.

This transition will be expensive, make the energy system less reliable, and will place America's entire energy supply at the mercy of China and a select few other foreign nations. Many of the critical mineral are produced or refined using child and slave labor in Africa and China. 

Author
Myron Ebell is Director of the Center for Energy and Environment at the Competitive Enterprise Institute (CEI) and a Policy Advisor to The Heartland Institute.
mebell@cei.org @myronebell