DJT energy and climate change policy as response to China getting away with 80 GW of new coal powered electricity plants for 2024 under Paris Agreement

01/31/2025

DJT Alaska policy to open up the natural gas potential in Alaska comes from the Republican position that the US should also get some allowance for its needs the way China did for 80 GW of coal powered electricity production in 2024 under Paris Agreement. This is the Republican argument as Senators Dan Borghum of North Dakota and Dan Sullivan of Alaska present it for DJT. DJT reasoning is that Paris Agreement is not fair to US needs. Seen in this way the DJT policy is much more nuanced than media present it- it is for Make America Great Again by using advantages such as Alaskan production and Shale while at the same time pursuing pristine environment and tackling climate change. As this theory goes the stronger economy would give US more resources to tackle climate change. Biden signed on to this approach in a small way when he let Senator Joe Manchin of West Virginia put the same idea in his energy plans. Seen in this way DJT is not portrayed as trying to destroy climate change action plans.

Linked Articles

Opinion | Trump Lifts Sanctions on Alaska

WSJ 01/31/2025

The Editorial Board

The Guardian 01/31/2025

Reagan, Greenspan and America's lost years 1980-2009

11/17/2023

It was in this period that many of the problems that we face today were created through policies of low interest rates, deregulation and financial market speculation leading to the financial crisis of 2008. At the beginning of the Reagan administration in 1980 China was still a country of bicycles and largely rural, by 2009 it had transformed itself into the largest manufacturing nation in the world and continued to 2023. In the US financial deregulation and lack of health care for all allowed financial interests to become the dominant force in the economy in a speculative way , and defunded manufacturing, infrastructure and public services. The work of FDR, Truman Eisenhower and Kennedy unraveled, Clinton, Obama and Trump continued that decline.

Linked Articles

Puerto Rico Was Supposed to Be John Paulson’s Paradise. Then Came the Lawsuits.

WSJ 11/16/2023

Caitlin Mc Cabe

WSJ Jan 15 2008 01/15/2008

Gregory Zuckerman

How deceitful and self serving use of immigration in the UK led to making a good economy worse, and with strict immigration policy in Greece made a bad economic situation better

05/22/2023

How a strict migration policy in Greece leads to a 90% drop in migration and brings Greece in line with the rest of the European Union including Italy and Germany on migrant policy. Merkel simply and clearly made a serious error in letting in migrants through Hungary and Austria because it led to anti migration sentiment throughout the EU, to Brexit, to the sidelining of parties that worked in the interests of workers and families throughout Europe for a decade in which distorted economic policy lost public support till the pandemic made things even worse.

Linked Articles

Has Brexit left Britain in a better state?

The Times 05/21/2023

Tom Calver, Data Editor

NYTimes.com 05/22/2023

Niki Kitsantonis

Mr. Trump's loosening of banking regulation and regulatory culture and the crisis it caused.

04/29/2023

The laws passed in the US Congress to limit the regulation of US banks imposed after the 2009 crisis led to leaving a gap for midsized banks where there would be less regulation. The appointment of Randy Quarles to Fed Vice Chair Supervision by Mr. Trump in 2019 led to the new culture which took the attitude the less regulation the better 14 years after the 2009 banking crisis, and the collapse of several banks in 2023, endangering the US banking system when the US needs a huge capacity to invest in the nation.

Linked Articles

Clean drinking tap water for every home - the stark contrast between China and India

04/05/2023

What this tells one is that GDP requires a new indicator which is Quality GDP which will mean that if you pollute rivers and air then real GDP as an economic concept is totally inadequate even useless, unless one subtracts from that economic GDP number the amount of investment it would take to clean up the rivers or the air. If regulatory agencies cannot control industries from polluting rivers, the case in China, then an additional number has to be subtracted from economic GDP called regulatory deficiency adjustment. The GDP numbers were gained through indiscriminately burning fossil fuels and this means climate change damage so that to be correctly stated China's GDP number would have to be offset by deducting the adjustment for trillions of dollars in climate change correction action. This would shrink the gap between India and China's GDP to where India may be in a position using advanced technology, renewable energy, regulation, and large foreign investment to close the gap with China in the next 10-15 years. China could also benefit because of the new approaches taken by India could be something to learn from as the two countries each have the population of the EU and the US+ Canada combined.

Linked Articles

In China, the water you drink is as dangerous as the air you breathe | Deng Tingting

The Guardian 06/02/2017

Hindustan Times 04/05/2023

Deforestation- is the pledge at COP26 Glasgow a bit too late for Indonesian rainforest?

11/02/2021

This is one of the amazing links in Lyrarc because it shows WSJ article from 2007 noted by Lyrarc that year, showing UN maps on deforestation in Borneo island in Indonesia for 2000, 2005, 2020. By 2020 most of the rainforest is shown as gone. Deforestation and climate ecologist Clare Rewcastle Brown, sister in law of former British prime minister Gordon Brown, from Britain, recalls colonial days in Sarawak, north Borneo Island, where her father was a police officer. And how much of the canopy of forest from that part of Malaysia was disappearing. She continued her protests from outside Malaysia in 2013 as reported by NYT and noted in Lyrarc that year. This is an amazing story of how deforestation of some of the last rain forests in the world took place at a time when awareness of climate change was sorely lacking in 2007-2013, and how by 2020 the rain forests in Borneo may have already disappeared from planet earth to combat climate change. One woman's fight and a fight that is still on after world leaders took a pledge to end deforestation on the planet by 2030 including Russia, Brazil, Indonesia, China, and the US, and a UN report that had the foresight to show a rainforest disappearing in 2007 in Tom Wright's WSJ report from Surabaya, Indonesia the same year.

Linked Articles

Indonesia's Logging Fight

WSJ 07/03/2007

Tom Wright

New York Times 08/16/2013

Gerry Mullany, Gerry, Mullany

Macron's role in setting up the nonrepayable $390 billion common funding for the European Recovery Fund

07/31/2020

Macron's effort to persuade Merkel and Germans of the need for common funding for European recovery and his persistence at negotiations with the Dutch and Swedes to secure 390 billion euros of funding aid has earned him increasing popularity in France. It also brings Spain, Italy, Greece and eastern European nations closer together with France and Germany as they fight the pandemic.

Linked Articles

Macron's popularity climbs after signing EU pandemic stimulus, reshuffling gov't

France 24 07/30/2020

DW.COM 07/21/2020

Bernd Riegert

The devaluation of the yuan in August 2015 as China responds to lower exports, the appreciation of the euro and the yen, and the U.S. Federal Reserve's plan to raise rates

08/12/2015

China's currency appreciated 9.2% against the euro and 57% against the Japanese yen with its soft peg to the dollar in 2013-2015. The 8.3% decline in China's exports for July 2015 over the prior year led to the policy action to devalue the Chinese currency, the yuan on August 11, 2015.

Linked Articles

China is trying to save its economy with a cheaper currency - The Washington Post

Washington Post 08/12/2015

Matt O'brien, Matt, O'brien

Wall Street Journal 08/12/2015

Editorial

Manuel Valls of France and Dutch finance minister Dijsselbloem- two perspectives on the Greece crisis following the referendum of July 5

07/09/2015

Linked Articles

Eurozone Finance Chief Recounts Brinkmanship That Led to Greek Deal

Wall Street Journal 07/17/2015

Gabriele Steinhauser, Gabriele, Steinhauser

New York Times 07/09/2015

Liz Alderman, Liz, Alderman, James Kanter, James, Kanter

German experts and public opinion who see Greece's exit from the eurozone as the best thing for the euro in July 2015 (1)

07/07/2015

Chancellor Merkel's statement that the the Euro is the EU, now place more emphasis on building a strong future for the euro. Experts in Germany believe the euro is better off without Greece by July 2015. As the WSJ editorial points out political contagion is now a bigger threat to the euro, with euro skeptic parties joining populist parties with no committment to the common currency and its basic rules.

Linked Articles

German Finance Chief’s Hard Line on Greece Limits Angela Merkel’s Room to Maneuver

Wall Street Journal 07/09/2015

Anton Troianovski, Anton, Troianovski

New York Times 07/07/2015

Jochen Bittner, Jochen, Bittner

Errors made by the IMF, Syriza Tsipras far left government, leading to the third bailout program of 2015 for Greece

07/06/2015

Just when the first signs of growth in the economy were taking place in 2014 the IMF held back on a 7.2 billion euro payment to Greece which would have increased liquidity to the private sector for growth. The IMF hope to gain leverage with a future Syriza far left government. The first half of 2015 led to economic anxiety in Greece with a failed negotiating strategy of Syriza far left government focussing only on the debt and not on the economy. The damage led to about 85 billion in addtional financing needed following the closing of Greece's banking system in July 2015.

Linked Articles

IMF Warns Eurozone That Greece Needs Far More Debt Relief

Wall Street Journal 07/15/2015

Ian Talley, Ian, Talley

New York Times 07/06/2015

Gikas Hardouvelis, Gikas, Hardouvelis

Greece and EU in 2015- (1) How close were the 2 parties in the negotiations? Is default and eurozone exit good for Greece?

06/03/2015

Linked Articles

Greece’s Creditors Make Some Concessions as Showdown Approaches

Wall Street Journal 06/03/2015

Viktoria Dendrinou And Nektaria Stamouli, Viktoria, Dendrinou, And, Nektaria, Stamouli

Economist 06/20/2015

Economist.Com

Greece and EU in 2015- (2) Was there a breakdown in a willingness to "compromise" and in building "trust"? Did the inexperience of Tsipras and Varoufakis play a part?

04/20/2015

Linked Articles

A Finance Minister Fit for a Greek Tragedy?

New York Times 05/20/2015

Suzy Hansen, Suzy, Hansen

New York Times 04/20/2015

Paul Krugman, Paul, Krugman