Russia and China have called for a reduction in coal and carbon emissions as a result of climate change.

 

The executive chairman and founder of Continental Resources discussed the Biden administration's impact on the oil industry, the demand for natural gas, the climate summit and the absence of Russia and China on election day.

As world leaders arrive in Scotland on a parade of private jets from around the world for the United Nations Climate Change Conference COP26, which has been dubbed the "last best chance in the world" to save the planet from catastrophe. The biggest players were without any exhibition. .

President Xi Jinping did not bother to attend, and Russian President Vladimir Putin attended via video conference, claiming that Russia was fulfilling its previous climate promises, even though there was an economy similar to that of the Soviet Union. The Union was devastated by the fall. Therefore, they are just a decline in the environment that will be required based on their current economic situation.

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"The frustration, the frustration, has to do with the fact that not only Russia but also China has not made any progress on any of its promises to tackle climate change, and one of the reasons people are frustrated. It must be. I find it frustrating, "said President Biden.

General Jack Ken (retd), a senior strategic analyst at Fox News, on the absence of Chinese President Xi Jinping at the climate summit and the formation of Taiwan's own reserve forces.

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Biden is also frustrated with Saudi Arabia and other OPEC members as the group rejects its demands for increased production, sending oil prices to a seven-year high.

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Despite this, President Biden is trying to make promises to the world after President Trump apologized for excluding the United States from the Paris Climate Agreement.

He said the United States would reduce carbon emissions below the 2005 level by 50% -52% by 2030 and "show the world" that the United States was "not only back on the table" but "hopeful" Will lead with great power. Our example. "

Hill columnist Joe Concha and Mark Tapper, president and CEO of Strategic Wealth Partners, discussed the "hypocrisy" of world leaders flying private jets for an environmental summit in Glasgow.

Biden also promised things he could not provide, such as his "back-to-back" infrastructure bill, which could never be passed, and a 20 320 billion flexible investment in clean energy tax credits. 5 105 billion for clean energy technology, 110 110 billion for manufacturing. , And supply chain investment and incentives, and a total of 5 555 billion to صاف 20 billion for clean energy purchases.

It also promised more taxpayers' money to help poor countries with their climate goals, which I think includes India and China, which, according to the wishes of the members of the Paris Agreement, coal. Are not close to giving up immediately.

Most importantly, Russia, China, and Saudi Arabia, as well as the rest of the OPEC cartel, have been playing climate poker with President Biden and are still winning.