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Biden: “I would transition away from the oil industry”

Public Policy

In the final presidential debate, Joe Biden pledges to gradually transition the country from oil to renewable energy on a path to net-zero emissions by 2050. (Associated Press)

Democrat Joe Biden’s remark that he would “transition” away from oil in the U.S. in favor of renewable energy drew quick attention Thursday night from President Donald Trump, who saw it as a boon to his election chances in key states.

“I would transition away from the oil industry, yes,” Biden said in the presidential debate’s closing minutes under peppering from Trump. “The oil industry pollutes, significantly. … It has to be replaced by renewable energy over time.”

The Biden campaign’s climate plan calls for the U.S. to have net-zero greenhouse gas emissions by 2050. And he repeated his pledge to end federal subsidies for the oil and gas industry. However, Biden’s plan does not call for a ban on climate-damaging fossil fuels, focusing instead on technologies that can capture pollution from oil and other sources.

Still, Trump seemed surprised and pleased by Biden’s comment, declaring it a “big statement,” and suggesting it would come with political blowback in oil-producing states that stand to lose jobs.

“Basically what he is saying is he is going to destroy the oil industry,” Trump said. “Will you remember that, Texas? Will you remember that, Pennsylvania? Oklahoma? Ohio?”

OIL & GAS:
• Interviews and polling indicate Pennsylvania residents are not as infatuated with fracking as the presidential campaign’s attention would suggest, with the industry unpopular outside of drilling areas. (Daily Beast, Vox)
• Analysts say natural gas demand in the U.S. is reaching its peak sooner than anyone expected, and that the era of robust growth is likely over. (Bloomberg)
• North Dakota officials consider a plan to use $16 million in federal pandemic relief funds for hydraulic fracturing projects, which critics call “totally inappropriate.” (Bismarck Tribune)

WIND:
• The new CEO of Orsted’s U.S. operations says he expects the company to employ 1,000 by the end of the decade. (Greentech Media)
• A coalition of free-market groups urges Senate Majority Leader Mitch McConnell to end the federal wind production tax credit. (E&E News, subscription)

CLEAN ENERGY:
• A small Kansas town that rebuilt after a 2007 tornado with several clean energy projects provides a lesson for other communities. (Washington Post)
• An aggressive push to 100% renewable energy could save Americans as much as $321 billion in energy costs, according to a new report. (The Guardian)

TRANSPORTATION: A Vermont program to help low-income residents buy fuel-efficient vehicles is off to a slow start after it was delayed for months by the pandemic. (Energy News Network)

ELECTRIC VEHICLES: Tennessee builds on this week’s announcement of a General Motors plant conversion to claim the title of the leading state for making electric cars. (Knoxville News-Sentinel, subscription)

COAL:
• Arch Resources, the nation’s second-largest coal company, outlines plans to divest from electricity-generating thermal coal. (St. Louis Post-Dispatch)
• Coal plants, often heavy consumers of water resources, are expected to face risks from rising water stress and thus more pressure to close. (S&P Global)

EMISSIONS: Most cities that have pledged to meet goals in line with the Paris climate agreement are falling short or haven’t started to track local progress, according to a Brookings Institution report. (E&E News, subscription)

CARBON: California has an opportunity to lead the development of carbon capture technologies if it takes the right policy actions, according to a new report. (S&P Global)

UTILITIES: A memo from a court-appointed monitor says PG&E’s wildfire prevention efforts prioritized work on the easiest stretches of power lines instead of those in the highest risk areas. (Courthouse News Service)

PIPELINES:
• A Pennsylvania appeals court rules that state regulators do not have to release calculations of a potential blast zone for the Mariner East pipeline, citing confidential security rules. (StateImpact Pennsylvania)
• A natural gas company that once owned the Mountain Valley Pipeline wants to sell off its capacity in the project, which is running two years behind and $2 billion over budget. (Charleston Gazette-Mail)

COMMENTARY: Environmental attorneys say it is “hard to overstate how transformative” New York’s 2019 climate law will be as some of its first benchmarks in creating its plan come due. (Bloomberg)

AP

 



312 Comments on "Biden: “I would transition away from the oil industry”"

  1. bochen787 on Wed, 28th Oct 2020 10:39 am 

    CyberPunk 2077 has been exposed as an elaborate scam….

    https://www.reddit.com/r/conspiracy/comments/jjj8ec/cyberpunk_2077_is_a_scam_complete_vaporware_will/

    Fuck Poland, they ban Huawei 5G and cant even make a decent god damn videogame

  2. Gaia on Wed, 28th Oct 2020 2:57 pm 

    I don’t know what my political views are. I never voted and ďont wish harm on othèrs.

  3. Gaia on Wed, 28th Oct 2020 3:03 pm 

    Àll i ask for is foŕ pèople to get àlong and work together, but unfortunately this may never happen.

  4. FamousDrScanlon on Wed, 28th Oct 2020 5:06 pm 

    Nice little video of clog’s uncle meeting the Americans.

    https://youtu.be/wIBRCnyRREg

  5. Abraham van Helsing on Thu, 29th Oct 2020 3:31 am 

    DrFamousScammer is quiet today, probably in depression.

    One of the many consequences of both Brexit and the upcoming Boogaloo will be that the winners of 1945 no longer will be winners in 202x, creating a massive power-vacuum that enables a major cleanup, for starters in revising history. Here an Anglo (Canadian) source, borrowing from Scottish historians, who dug up the truth about who really instigated WW1:

    https://www.youtube.com/watch?v=tclAbWvBt70

  6. Abraham van Helsing on Thu, 29th Oct 2020 3:42 am 

    Nice little video of clog’s uncle meeting the Americans.

    https://youtu.be/wIBRCnyRREg

    Yeah, old Anglo-Zionist glory: the trash of the white race, under command of uncle schmull, invading Europe, overthrowing the core strength of the white race.

    But today the picture has entirely changed. Now we are going to see a battle between uncle schmull and his third world shock troops against our Anglos. The FamousScammer is too deeply immersed into his hatred for whitey that he fails to grasp that he is blowing up his own tax farm, the last one he has.

    For us in Eurasia it is beer-and-popcorn time. The Anglo-Zionist problem is solving itself. After the North-American enemy-combatants have thinned each other sufficiently out, Eurasians can march in and take the loot over. These Hillbillies will be waving their Confederacy flags to welcome the European liberators. And holocaust-deniers will no longer exist, because this time it happened. On North-American soil. Apneaman types have made themselves impossible, like they have always done throughout history. But payback time has arrived. Gonna be good!

  7. Abraham van Helsing on Thu, 29th Oct 2020 6:40 am 

    In France several people dead, 1 decapitated, as a result of the ideology imposed by the US-empire:

    https://nos.nl/artikel/2354298-doden-bij-terreuraanslag-bij-kerk-in-nice-vrouw-onthoofd.html

    Once CW2 begins in the US, we in Europe will have our hands free to start cleaning up, like these 6 million Muslims. And white media lefties. We are very good at 6 million in Europe. Been too long already.

    Look at me, I’m a train on a track
    I’m a train, I’m a train, I’m a chucka train, yeah
    Look at me, got a load on my back
    I’m a train, I’m a train, I’m a chucka train, yeah

    A New Era is dawning, replacing the 68-generation.

    Signing off now, gotta read Julius Evola.

    https://parisberlinmoscow.wordpress.com/2020/08/04/grece-nouvelle-droite/

  8. lana repaer I know some wrong when a pretty little white girl ran to a black man arms dead giveaway DEEEEEEEED giveaway my neighbor got beeeeg testicles cuz we see this dude everyday we ate ribbbs with dis dude on Thu, 29th Oct 2020 6:46 am 

    I’m a lover of master race chinks only master race chinks can harvest pedifiler worship muzz

    I love China but I’m not voting for sleepy joe.

  9. zero juan on Thu, 29th Oct 2020 7:01 am 

    dumbfuck juanPpee is up. SUCKS

    lana repaer I know some wrong when a pretty little white girl ran to a black man arms dead giveaway DEEEEEEEED giveaway my neighbor got beeeeg testicles cuz we see this dude everyday we ate ribbbs with dis dude said I’m a lover of master race chinks only maste…

  10. the board on Thu, 29th Oct 2020 7:03 am 

    Tomorrow the juanPpee sock Bo Chen needs to vacate the moderated side. His pledge to leave is due. Bye bye FUCK

    Re: Pat Buchanan: America in worst decline since Soviet Unio
    postby bochen787 » Sun 11 Oct 2020, 17:58:11
    bochen787 wrote:
    Trump’s OCTOBER SURPRISE is going to be US declaration of Taiwan independence, forcing China to go kinetic hot war to reunite the island of Taiwan…

    REAL Green wrote:
    OH Dear, Bo Chen Juan is giving us an end of the earth type prediction like the religious nuts do occasionally.
    October is almost half way over. Bo Chen Juan will you shut up once October is over with no surprise or will it then be the November surprise? Your legitimacy has dropped very low with your word salad weirdo comments from illegitimate obscure sources.
    The Chinese are likely not going to attack until after the election if they are going to attack at all. Biden is their candidate so the will hope for a different relationship with a new administration.

    bochen787 wrote:
    Come November 1st 2020 if the US and China are not already engaged in war of the kinetic type or have exchanged actual physical blows then I will voluntarily quit this forum/site and never return…. you have my word.
    But if Im right, I ask to be made a moderator.
    FWIW, the US Presidency has always been a CIA pyops… if Biden wins its only because the shadow goverment decided it overall net behooves US hegemony to change its PR frontman, and failed strategy of last four years gets blamed on Trump while giving America a fresh new start… it did the same during the Bush Obama pivot… good cop bad cop its how USA gets to be evil but pretend to be noble, have cake and eat it too stuff

  11. claw hammer on Thu, 29th Oct 2020 7:04 am 

    Another FUCK bites the dust. One day juanPpee will be gone too!

  12. FamousDrScanlon on Thu, 29th Oct 2020 7:05 am 

    “In France several people dead, 1 decapitated, as a result of the ideology imposed by the US-empire”

    Apparently all is not well in Cloggieland!

  13. lana repaer I know some wrong when a pretty little white girl ran to a black man arms dead giveaway DEEEEEEEED giveaway my neighbor got beeeeg testicles cuz we see this dude everyday we ate ribbbs with dis dude on Thu, 29th Oct 2020 7:17 am 

    muzz behad two catholic in france adn killed another. obviously muzz are victims here.
    muzz are always victims if muzz kill kafir. if NZ happens, muzz are victims and kafir wear head diaper to show solidarity.

    AOC tweeted 25 billion times on NZ but none for sri lanka. we must sprinkle muzz everywhere to malign christians

    I’m a lover of master race chinks only master race chinks can harvest pedifiler worship muzz

    I love China but I’m not voting for sleepy joe.

  14. lana repaer I know some wrong when a pretty little white girl ran to a black man arms dead giveaway DEEEEEEEED giveaway my neighbor got beeeeg testicles cuz we see this dude everyday we ate ribbbs with dis dude on Thu, 29th Oct 2020 7:24 am 

    muzz behad two catholic in france adn killed another. obviously muzz are victims here.
    the muzz anti rape machine behind the gate labled “victims” will be widened because it’s the busiest. it’s always this way

    a muzz anti rape machine prevent rape of kafir girl as in UK, hundred of thousands

    a muzz anti rape machine is like a pod, the muzz stand in there for 48 hours. the bottom is sealed. a whole with a level deflected by the muzz peen redirect urine away from the pod. if not urine collects inside the pod creating a permanent wet condition.

    randomly a sharp blade come down to do the job

  15. lana repaer muzz behad two catholic in france adn killed another. obviously muzz are victims here on Thu, 29th Oct 2020 7:27 am 

    ‘lo allah made muzz to kill kafir and be killed

    ‘lo when muzz meet kafir strike the neck

    the pedifiler pedifiled aisha when he was 6 and playing with her toys

  16. zero juan on Thu, 29th Oct 2020 7:42 am 

    this is from the stupid, ignorant, and nasty JuanP commonly called around here The Lunatic:

    lana repaer muzz behad two catholic in france adn killed another. obviously muzz are victims here said ‘lo allah made muzz to kill kafir and be kil…

    lana repaer I know some wrong when a pretty little white girl ran to a black man arms dead giveaway DEEEEEEEED giveaway my neighbor got beeeeg testicles cuz we see this dude everyday we ate ribbbs with dis dude said muzz behad two catholic in france adn killed anoth…

    lana repaer I know some wrong when a pretty little white girl ran to a black man arms dead giveaway DEEEEEEEED giveaway my neighbor got beeeeg testicles cuz we see this dude everyday we ate ribbbs with dis dude said muzz behad two catholic in france adn killed anoth…

  17. claw hammer on Thu, 29th Oct 2020 7:49 am 

    lana needs to be bitch slapped

  18. HATE JUANp on Thu, 29th Oct 2020 7:51 am 

    please spread the karma. He deserves it

  19. Anonymouse lost on Thu, 29th Oct 2020 7:52 am 

    VICTORY!!

  20. makati1 lost on Thu, 29th Oct 2020 7:53 am 

    VICTORY!!

  21. I AM THE MOB on Thu, 29th Oct 2020 7:57 am 

    I heard someone say in a store I was shopping in the other day. “I’d rather kill politicians than wear a goddamn mask.”

  22. zero davy-juan on Thu, 29th Oct 2020 8:07 am 

    this is from the stupid, ignorant, and nasty Davy-juan commonly called around here The Lunatic:

    zero juan on Thu, 29th Oct 2020 7:42 am

    claw hammer said lana needs to be bitch slapped

    HATE JUANp said please spread the karma. He deserves it

    Anonymouse lost said VICTORY!!

    makati1 lost VICTORY!!

    I AM THE MOB said I heard someone say in a store I was shopping in the other day. “I’d rather kill politicians than wear a goddamn mask.”

  23. lana repaer muzz behad two catholic in france adn killed another. on Thu, 29th Oct 2020 8:23 am 

    muzz said alu akbar allah is grater
    fox news said motive unkown

    obv muzz are victims here

  24. Bochen737Max on Thu, 29th Oct 2020 8:24 am 

    October 27, 2020 09:02:59 IST

    “Donald Trump administration announces plans for $2.37 billion sale of Harpoon missile systems to Taiwan”
    https://tinyurl.com/yyfhzrrv

    “Congress was notified of the plan hours after China said it was imposing sanctions on Boeing, Lockheed Martin and other US defense firms for providing weapons to Taiwan”

  25. zero davy-juan on Thu, 29th Oct 2020 8:46 am 

    More from the stupid, ignorant, and nasty Davy-juan commonly called around here The Lunatic:

    zero juan said dumbfuck juanPpee is up. SUCKS

    the board said Tomorrow the juanPpee sock Bo Chen needs to vacate the moderated side. His pledge to leave is due. Bye bye FUCK

    claw hammer said Another FUCK bites the dust

    FamousDrScanlon said Apparently all is not well in Cloggieland!

    zero juan said this is from the stupid, ignorant, and nasty JuanP

  26. bochen787 on Thu, 29th Oct 2020 8:56 am 

    Back when the Nvidia 8nm (Samsung) RTX3080 went on launch I took the day off and hit F5 on keyboard to tab browsing of amazon, best buy, nvidia, newegg, etc etc etc all day and never got to buy one…

    This morning 8am central I did the same…. and it was a clusterfuck as well…. the Nvidia 7nm (TSMC) RTX3070 went on sell…. on a paper launch…..

    Everything happened so fast, I used bandicam and greenshot to record and screenshot the process… basically I kept hitting F5 until I got the yellow button to add to cart, since I was already signed in to Best Buy account on the desktop browser it got me to the shipping page but said no shipping available nor store pickup available within 250 miles of Dallas… I kept hitting F5 hoping that would change… then suddenly in one refresh the BestBuy site forced logged me out of my account, and I tried to log back in but it kept saying my password was wrong. Then I tried the password reset option but it did nothing. Five minutes later I finally get a password reset email but even that didn’t work. Thinking they IP blocked me I tried on my phone to log in and it let me log in but now my cart was empty and then when I did an incognito page on my desktop to see the page for the RTX3070 status it went from coming soon to sold out…

    At this point I think Nvidia launch of the 3000 series is just a scam… vaporware like Cyberpunk 2077… its all an elaborate scam… It is to hype people up with the false hopes of imaginary products that never exists to distract us from a failed economy and system that is about to collapse… This is the trend, the government keeps printing money, we all going be millionaires, but no one can actually buy anything… Plus 7nm is a marketing gimmick, after 28nm the smaller sizes are all faked and the 7nm is actually 12nm inn real life, moores law died a decade ago and they are giving false illusion of progress…

  27. bochen787 on Thu, 29th Oct 2020 9:08 am 

    Like I said it ain’t over until its over… I’ll concede defeat if by November 1st 12:01AM

    Two days later, so will your MAGA KING TRUMP

    Unless he attacks China by late October 31st and we both win

  28. zero juan on Thu, 29th Oct 2020 9:26 am 

    dumbass JuanP the lunatic:

    bochen787 said Like I said it ain’t over until its overR…

    bochen787 said Back when the Nvidia 8nm (Samsung) RTX3080 went on…

    zero davy-juan said More from the stupid, ignorant, and nasty Davy-jua…

    Bochen737Max said October 27, 2020 09:02:59 IST “Donald Trump admini…

    lana repaer muzz behad two catholic in france adn killed another. said muzz said alu akbar allah is grater fox news said…

    zero davy-juan said this is from the stupid, ignorant, and nasty Davy-…

  29. the board on Thu, 29th Oct 2020 9:27 am 

    “Like I said it ain’t over until its over… I’ll concede defeat if by November 1st 12:01AM”

    Beat it chink. Your days are over here FOOL

  30. bochen787 on Thu, 29th Oct 2020 9:32 am 

    US GDP Soars By A Record 33.1% In Q3, Smashing Expectations
    Profile picture for user Tyler Durden
    by Tyler Durden
    Thu, 10/29/2020 – 08:55
    What goes down, must come up, and one quarter after US GDP collapsed by a record 31.4% annualized, moments ago the BEA reported that in Q3 the US economy rebounded by a similarly record high 33.1%, the biggest annualized increase in history.

    The GDP number beat estimates for a 32% increase, which was already well above forecasts three months ago for an 18% gain. The surge in growth was mostly driven by personal spending, which climbed an annualized 40.7%, also a record, while business investment and housing also posted strong increases.

  31. lana repaer muzz behad two catholic in france adn killed another obv muzz are victims her mahathir said so2 on Thu, 29th Oct 2020 9:35 am 

    muzz said allah bakar foxnews said motive unkonwn

    i love no one but master race chinks because only master race chinks can harvest pedifiler worship muzz

  32. the board on Thu, 29th Oct 2020 9:40 am 

    JuanP, troll, you are going down bitch. Day by day you will be persued, lunatic

    lana repaer muzz behad two catholic in france adn killed another obv muzz are victims her mahathir said so2 said muzz said allah bakar foxnews said motive unkonwn…

  33. lana repaer muzz behad two catholic in france adn killed another obv muzz are victims her mahathir said so2 on Thu, 29th Oct 2020 9:41 am 

    obv we need to give more jizya charity to muzz to help muzz victims because muzz are always victims

    trump gave money to muzz charity
    ever1 does

    obv AOC does not tweet here, bazillaion for NZ but no tweet for sri lanka

  34. zero juan on Thu, 29th Oct 2020 9:54 am 

    JuanP is a Kunt

    lana repaer muzz behad two catholic in france adn killed another obv muzz are victims her mahathir said so2 said obv we need to give more jizya charity to muzz to…

  35. lana repaer so i open the door cant get in that way your body cant fit in the door only your hand muzz behad two catholic in france adn killed another obv muzz are victims her mahathir said so2 on Thu, 29th Oct 2020 9:59 am 

    solution:

    send muzz more jizya
    suckle on muzz diq more

  36. lana repaer Kremlin on jihad attacks in France: It’s wrong to kill, but wrong also to insult feelings of religious believers on Thu, 29th Oct 2020 10:04 am 

    obv we need to send more jizya to muzz pay for slay

    obv muzz are victims here

  37. bochen787 on Thu, 29th Oct 2020 10:25 am 

    US GDP is fake, they calculate things like imputed rent…. and if you jerk off that adds to the GDP of Amerikkka as well… lots of fapping during covid locking

    In the meantime you cannot even buy a videogame, graphics card or joystick anymore…

    =====

    Back when the Nvidia 8nm (Samsung) RTX3080 went on launch I took the day off and hit F5 on keyboard to tab browsing of amazon, best buy, nvidia, newegg, etc etc etc all day and never got to buy one…

    This morning 8am central I did the same…. and it was a clusterfuck as well…. the Nvidia 7nm (TSMC) RTX3070 went on sell…. on a paper launch…..

    Everything happened so fast, I used bandicam and greenshot to record and screenshot the process… basically I kept hitting F5 until I got the yellow button to add to cart, since I was already signed in to Best Buy account on the desktop browser it got me to the shipping page but said no shipping available nor store pickup available within 250 miles of Dallas… I kept hitting F5 hoping that would change… then suddenly in one refresh the BestBuy site forced logged me out of my account, and I tried to log back in but it kept saying my password was wrong. Then I tried the password reset option but it did nothing. Five minutes later I finally get a password reset email but even that didn’t work. Thinking they IP blocked me I tried on my phone to log in and it let me log in but now my cart was empty and then when I did an incognito page on my desktop to see the page for the RTX3070 status it went from coming soon to sold out…

    At this point I think Nvidia launch of the 3000 series is just a scam… vaporware like Cyberpunk 2077… its all an elaborate scam… It is to hype people up with the false hopes of imaginary products that never exists to distract us from a failed economy and system that is about to collapse… This is the trend, the government keeps printing money, we all going be millionaires, but no one can actually buy anything… Plus 7nm is a marketing gimmick, after 28nm the smaller sizes are all faked and the 7nm is actually 12nm inn real life, moores law died a decade ago and they are giving false illusion of progress…

  38. lana repaer wouldnt be nice supertard bochen777 allows us to use chink servers to attack chinks but i love chinks i dont want to attack master race chink who can harvest pedifiler worship muzz on Thu, 29th Oct 2020 10:30 am 

    isn’t supertard bochen777 a swell guy, very fair ineeded

    what happen if we put a big firewall oposing chink big fireall may as well they just burnig electricity, no traffic goes through it.

  39. REAL Green on Thu, 29th Oct 2020 10:33 am 

    Yer wastin yer time with Davy-juan bochen787. He doesn’t understand what yer talkin about. Davy-juans old enough to be yer grampa. Like a fart in the wind, he’ll be dead soon.

  40. bochen787 on Thu, 29th Oct 2020 10:34 am 

    Trump team responsible for dooming US hegemony
    The trade and tech war against China spelled the end of America’s global dominance

    https://asiatimes.com/2020/10/trump-team-responsible-for-dooming-us-hegemony/

    Paul Krugman, the 2008 Nobel economics laureate, lambasted US President Donald Trump’s team in two notable columns in The New York Times. He slammed the Trump team as The Worst and the Dumbest on January 8, 2018, and Donald Trump and His Team of Morons on January 14, 2019.

    When I went through those two columns at the time, I thought them over the top.

    The core Trump team comprises the secretary of state (now Mike Pompeo, but Rex Tillerson up to three months after Krugman’s first article appeared), secretary of defense (now Mark Esper, but Jim Mattis before the second article was published), treasury secretary (Steven Mnuchin), commerce secretary (Wilbur Ross), chief trade negotiator (Robert Lighthizer), and trade and manufacturing policy adviser (Peter Navarro).

    Looking at the bios of Trump’s supermen, most of them seem to have studied at top US universities. They had good work experiences also.

    Although Trump himself is impulsive and unpredictable, I thought back then that when it came to China policy, his team comprised hard-eyed, cold-hearted, rational strategists. However, Krugman termed these people morons, the worst, and the dumbest. So I thought he was gravely prejudiced against the Trump team.

    But now, after watching the Trump team’s China policies in action on trade and technology, I am forced to admit they have proved Krugman correct: They are exactly what he accused them of being.

    Next Tuesday, November 3, Trump will secure his stay in the White House for a second term – if a miracle happens. If not, it will confirm that the Trump team failed to impress voters with their policy on China.

    On March 2, 2018, Trump tweeted, “Trade wars are good and easy to win … we win big. It’s easy!” But in fact, that is not how his trade and tech war with China has turned out. The US is losing the war, and China has became more self-sufficient in its economy and technology because of US miscalculations.

    For two years, China was on the defensive, but now, it is waging an offensive trade and tech war against the US.

    By announcing one aggressive policy after another, China is emerging victorious, while the US stands to lose more than it wins.

    China has made some important policy announcements to counter the US recently. It has adopted a dual circulation policy, updated the export control catalogue, declared the goal of a carbon-neutral economy before 2060, and passed a new law to ban the export of strategically important substances and technology that could pose a “national-security threat” to China.

    By making such policy decisions, Beijing sent a clear message to the US that it does not accept Washington’s trade rules shaped by its military might, strategic deterrence, and military and strategic coalitions against China.

    The United States’ defeat in its trade and tech wars against China means the end of both of its post-World War II global prominence and American exceptionalism in foreign policy.

    The Trump team itself is responsible for this situation. Its strategic blunders are accountable for the end of US supremacy and exceptionalism.

    First, the Trump team overestimated the sustainability of US hegemony and American exceptionalism in a changed context. US policymakers seemed to be under the misconception that no one would disobey America’s policy decisions. Therefore, China would also naturally obey US rules.

    Simultaneously, US strategists did not properly assess China’s economic, military, strategic, and technological advancements over the last five years.

    Second, the laws of physics say that any physical matter has elastic properties. This refers to a deformed material body’s ability to return to its original shape and size when the deformation forces are removed. A body with this ability is said to respond elastically.

    If force is applied on such matter beyond its elastic limit, it will turn into a plastic substance. These phenomena can also be seen in the outcome of the US-China trade war.

    China did not want to weaken its relationship with its biggest trading partner, the US. Therefore, it tried to settle the trade dispute. That is why in contrast to the US, China has not targeted any particular American company. However, US strategists believed China could by cowed by sanctions.

    That was the biggest mistake of the Trump team. They thought that China would demonstrate unlimited elastic properties. However, the US pressure exceeded the Chinese elastic limit on trade and tech matters. China has started to show its plastic properties now.

    Third, the Trump team launched the trade and tech war against China in March 2018 without proper domestic preparation. They thought it would restart manufacturing in the US, but two and a half years on, it hasn’t happened.

    Trump, who accused China of stealing US manufacturing jobs, could have done a lot to reinstate its manufacturing industries by providing incentives to American industrialists. However, his team believed that China could be intimidated by US sanctions and would accept America’s trade rules. Apparently they thought anti-China rhetoric would shape US-China trade relations.

    Fourth, US strategists started the trade and tech war without an alternative plan. They seemed clueless about a Plan B if their Plan A led to unintended consequences. So once again, the Trump team overestimated American domination and exceptionalism.

    Fifth, Trump’s team looked very naive. They were not able to read China’s tactical moves. China adopted tactics based on the late paramount leader Deng Xiaoping’s philosophy, “Hide your strength, bide your time.”

    China imported and stockpiled semiconductors, and imported machines needed for making chips for its technology industry. As well, it succeeded in making 40-nanometer chips domestically. They also gained confidence through breakthroughs in making 28- and 14-nanometer chips.

    After these successes, China started to retaliate against the US. It bided its time for two and a half years. Now Trump’s strategists are dumbfounded by China’s breakthroughs in the semiconductor industry that could soon severely damage the US chip-manufacturing industry.

    This is a crucial issue that Trump’s strategists failed to foresee.

    Sixth, Trump’s generals in the trade and tech war appeared to be waging battles with China without weapons, troops, or even a battle plan. After they started to lose the war, they did not have anything in reserve to inflict damage on China on the trade and tech fronts.

    It was the equivalent of shooting an M-16 rifle at an enemy that had already survived a ballistic-missile attack.

    Last, as a state, the US failed to stop the activities of Chinese companies such as Huawei, SMIC, TikTok and WeChat. This lends more credence Krugman’s depiction of the Trump team as full of morons.

    The trade and tech war put an end to American domination. It would probably have ended eventually anyway, but could have lasted another 10 or even 20 years if the trade and tech war had not been waged. But now it seems US hegemony will come to an end in the very near future.

    The US used to make the trade and technology rules for the world, and China abided by them. But from now on, the exact opposite will happen. Now it is China that will make the rules, and the US will have to accept them.

    If Joe Biden wins the November 3 presidential election, the US will have to relinquish global domination and exceptionalism to end its trade and tech war. Team Biden will face colossal challenges in its trade and technology negotiations with China.

    So as it turned out, the Trump team is indeed the herd of the morons and dumbest policymakers that Krugman described. He was right, and I was wrong.

  41. zero juan on Thu, 29th Oct 2020 10:47 am 

    Dumbfuck, JuanP, quit your plagiarizing. We know you are low IQ already

    bochen787 said Trump team responsible for dooming US hegemony The…

    REAL Green said Yer wastin yer time with Davy-juan bochen787. He d…

  42. Duncan Idaho on Thu, 29th Oct 2020 10:49 am 

    “Setting aside for the moment his conduct as president, Trump faces a financial and legal reckoning of immense proportions as soon as he leaves office,” wrote retired Brig. Gen. Peter Zwack. “If he loses, he will no longer have protection from an avalanche of charges and lawsuits against him, his family and the Trump Organization. His years of alleged tax evasion will be officially scrutinized—and far more publicly than before he held office. He will no longer be able to claim (falsely) that his taxes are still ‘under audit’ and unavailable. Trump properties and investments could be frozen, seized or plummet in value. The true nature of his extraordinary personal financial debt — recently reported as $421 million — will be exposed, and his likely foreign creditors revealed.”
    So, is the Fat Boy going to run?

  43. Duncan Idaho on Thu, 29th Oct 2020 10:54 am 

    “There is nothing in this president’s demeanor, past or present, to suggest that he has the fortitude or integrity to face auditors, prosecutors, or anyone else who challenges him, particularly if the outcome is likely to involve public humiliation and loss of assets, prestige and power,” Zwack wrote. “The option of salvaging what he can by relocating to a jurisdiction beyond the reach of U.S. laws would not be a stretch for someone who has long been openly disdainful of our tax and legal systems.”

    He thinks the Fat Boy is out of here—-
    Brazil, Russia? Who would take the piece of trash?

  44. Davy on Thu, 29th Oct 2020 11:15 am 

    “Who would take the piece of trash?”

    China? North Korea? Trump has business dealings with both.

  45. zero juan on Thu, 29th Oct 2020 11:18 am 

    Ppee, stupid, Davy and REAL Green don’t come here anymore. Only lunatics like you are here, Fuck

    Davy said “Who would take the piece of trash?” China? North…

    REAL Green said “What happened to this place?” Davy refuses to see…

  46. HATE JUANp on Thu, 29th Oct 2020 11:21 am 

    everyone hates you for what you have done JuanP. You have destroyed something special. You will be taken down. Be patient

  47. Davy on Thu, 29th Oct 2020 11:34 am 

    zero juan and HATE JUANp. Fuck off loosers.

  48. FamousDrScanlon on Thu, 29th Oct 2020 11:36 am 

    “He thinks the Fat Boy is out of here—-
    Brazil, Russia? Who would take the piece of trash?”

    Dumbcan, I hope trump wins so you are tormented foe 4 more years

  49. zero juan on Thu, 29th Oct 2020 11:44 am 

    Ppee, Davy does not comment here anymore. Everyone know it is you, luntic.

    Davy said zero juan and HATE JUANp. Fuck off loosers.

  50. JuanP on Thu, 29th Oct 2020 11:46 am 

    For the record. I am the real lunatic JuanP and I haven’t posted a single sane comment here since before Valentine’s Day. I’ve moved on to the greener pastures of complete mental illness. I would recommend you all do the same. Reading the comments here or posting something is a complete waste of your lives. This website is fucked beyond redemption. Move on, guys! Leave me alone to go completely bat shit crazy

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