Tuesday, September 26, 2023

We Don't Have to Trade With China

The other problem Justin wants to go away: 

The Commons public accounts committee yesterday by a unanimous 10-0 vote ordered the Auditor General to investigate the original taxpayers’ endowment used to bankroll the Trudeau Foundation. Parliament awarded the Foundation $125 million subsequently used in part to buy stocks in China: “We are asking for an investigation.”

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Justin is going to need some more uncles.

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Japan, South Korea - China is not your friend:

China's President Xi Jinping on Saturday said he will seriously consider visiting South Korea, Yonhap news agency reported, as part of efforts to support peace and security on the Korean Peninsula.

 

(Sidebar: Bull. Sh--.) 


China is the reason why South Korea's trade volume is dropping and is happy to refuse Japanese food imports.


Also - South Korea, don't listen to Trudeau's lackey. Canada is desperate for a win and will certainly drag you under:

Former foreign affairs minister Marc Garneau says Canada should push for a role in a new security pact, arguing South Korea and Ottawa could help each other gain strategic influence in the Indo-Pacific.

"At a time when the geopolitical dialogue tends to be dominated by the superpowers, successful middle powers like Korea and Canada have things to say that are worth listening to," Garneau said in an interview.

"There's the potential for us to work together and to, in a co-ordinated manner, have a greater voice on the world stage."

Garneau is to be appointed next month as the Canadian co-chair of the Canada-Korea Forum, a group dedicated to boosting trade and scientific exchanges between the two countries.

 

With South Korea doing all the heavy lifting.

Why don't you ask your former boss to sell South Korea some natural gas?

Or is there no business model for it?

 

 

The minute Vietnam mines for these materials, China will either find a reason to build a road in Vietnam or invade it:

Vietnam plans to restart its biggest rare-earths mine next year with a Western-backed project that could rival the world's largest, according to two companies involved, as part of a broader push to dent China's dominance in a sector that helps power advanced technologies.

The move would be a step toward the Southeast Asian country's aim of building up a rare-earths supply chain, including developing its capacity to refine ores into metals used in magnets for electric vehicles, smartphones and wind turbines.

 

These electric vehicles:

A 15-pound lithium-ion battery holds about the same amount of energy as a pound of oil. To make that battery requires 7,000 pounds of rock and dirt to get the minerals that go into that battery. The average EV battery weighs around 1,000 pounds. 

All of that mining and factory processing produces a lot more carbon dioxide emissions than a gas-powered car, so EVs have to be driven around 50,000 to 60,000 miles before there’s a net reduction in carbon dioxide emissions. 

So, as more factories are built in the U.S. to supply EV manufacturers, there will be higher demands on the grid for power. 

Emily Arthun, CEO of the American Coal Council, was in Washington, D.C., this week speaking with federal lawmakers and members of the Federal Energy Regulatory Commission. 

Arthun, who lives in Gillette, told Cowboy State Daily that there’s a growing recognition of the need for coal to supply baseload power. 

“I met with senators and representatives who understand that we’re going to need coal for far longer than people are talking about,” Arthun said.  

The Inflation Reduction Act aims to produce more green energy industries here in America, and Arthun said there’s a growing recognition that these are energy intensive. 

“People are starting to understand that energy needs are increasing, and these premature [coal-fired power plant] closures are a liability,” Arthun said.


In coal mines not unlike this:

A coal mine fire in southern China killed 16 people on Sunday, according to local authorities.

The blaze broke out at the Shanjiaoshu coal mine in Panguan, a town in Guizhou province.

An initial investigation suggested the people who died were trapped after a conveyor belt caught fire, the Panzhou city government said in a statement posted on social media.

China, the world’s largest emitter of greenhouse gases, continues to depend heavily on coal for electricity despite massive expansion of its wind and solar power capacity.

 

 

A scholar refuses a Chinese bribe:

One of the nation’s leading computer scientists says he refused a six-figure payoff from Chinese agents in what was an obvious “recruitment strategy” targeting Canadian academics. Professor Benjamin Fung of McGill University detailed the scheme in testimony at the Commons science committee: “I asked them, ‘What do you want me to do?”

 

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