OF MONEY THEY’RE INVESTING IN CLEAN ENERGY IS ACTUALLY, YOU KNOW, ENCOURAGING. MARIA: I MEAN, COME ON. THAT IS THE HOT TOPIC BUZZ. HAD THAT WAS U.S. ENERGY SECRETARY JENNIFER GRANHOLM WITH NONSENSE, PRAISING CHINA FOR ITS EFFORTS TO REDUCE CLIMATE CHANGE, THIS THE NUMBER ONE POLLUTER IN THE WORLD.
THE COMMENTS DRAWING A HEATED RESPONSE FROM REPUBLICAN LAWMAKERS, TEXAS CONGRESSMAN, AUGUST PFLUGER, WHO IS THE REPRESENTATIVE FOR THE PERMIAN BASIN IN TEXAS TWEETED THIS, SECRETARY GRANHOLM IS SIDING WITH CHINA AGAINST AMERICAN ENERGY PRODUCERS, INDIANA CONGRESSMAN CALLING GRANHOLM, QUOTE, DELUSIONAL AND SAYS SHE SHOULD RESIGN. DAN, YOUR THOUGHTS? LET’S BE CLEAR.
CHINA IS THE NUMBER ONE POLLUTER AND I DON’T THINK MANY PEOPLE HAVE ANY EXPECTATION THAT CHINA IS GOING TO FOLLOW JOE BIDEN’S CLIMATE RULES. >> THAT’S PROBABLY RIGHT. P LISTEN, WE ALL KNOW CHINA AND INDIA TOGETHER HAVING LIKE A THIRD OF GLOBAL EMISSIONS. THEY DON’T SUBSCRIBE TO THE SAME
RULES THAT THE REST OF THE WORLD DOES. WHEN THEY RAN INTO TROUBLE A YEAR OR TWO AGO, THEY RAMPED UP PRODUCTION AT THE COAL MINES. I THINK GENERALLY SPEAKING THEY SEEM TO BE INDIFFERENT ON THE ISSUE OF QUOTE, UNQUOTE, CLIMATE CHANGE. AS RELATES TO THE UNITED STATES,
WE’RE LIKE TENTH ON A PER CAPITA BASIS, NOT THAT WE DON’TY MITT A LOT OF EMISSIONS. WE DO. WE’RE A LARGE COUNTRY WITH A LARGE AMOUNT OF PEOPLE. WE’RE NOT ANYWHERE NEAR AS BAD AS CHINA OR INDIA. AS CHINA OR INDIA. MARIA: THE IDEA, LIZ, THAT GRAN JENNIFER GRANHOLM IS GOING TO
SIDE WITH CHINA OVER AMERICAN HE PRODUCERS IS SO DISTURBING. >> JENNIFER GRANHOLM NEVER CEASES TO DISPLAY UNBELIEVABLE IGNORANCE ABOUT THE ENERGY MARKETS HERE AND AROUND THE WORLD, MARIA. MARIA: THAT’S RIGHT. >> YES, CHINA IS INVESTING IN GREEN ENERGY. THEY’RE INVESTING MUCH MORE IN COAL PLANTS WHICH PRODUCE 55% OF
THEIR ENERGY. THEY HAVE ABSOLUTELY PAID NO HEED WHATSOEVER TO THIS U.N. CLIMATE ACCORD. ALL THEY DID WAS PROMISE TO PROMISE THAT SOME DAY THEIR EMISSIONS WERE GOING TO PEAK. IT’S COMPLETELY RIDICULOUS. THE ONLY REASON CHINA IS DOING ANYTHING ABOUT SO-CALLED GREEN ENERGY IS BECAUSE YOU CAN’T SEE ACROSS THE STREET IN THE MORNING
IN BEIJING. THAT’S HOW FOUL THE AIR IS. AND EVEN IN CHINA, THERE HAVE BEEN DEMONSTRATIONS ABOUT THIS WHICH HAVE MOVED THE GOVERNMENT TO MAKE SOME SMALL STEPS IN THAT DIRECTION. BUT THE REALITY IS, ALL THESE INTERNATIONAL AGREEMENTS ON CLIMATE ARE A AIMED TO HURT AMERICA AND TO HELP CHINA WHICH
HAS TO IMPORT SO MUCH OF ITS ENERGY. NOTHING IS BETTER FOR THEM IN A GEOPOLITICAL SENSE THAN OUR LETTING OUR FOSSIL FUEL INDUSTRIES WANE WHICH WHAT IS WE’RE DOING. JENNIFER GRANHOLM IS AN IGNORAMOUS. FORGIVE ME. MARIA: YOU WERE THE FIRST TO WRITE ABOUT THE ENTIRE CABINET. >> IT’S UNBELIEVE.
MARIA: YOU HAVE JENNIFER GRANHOLM WHO IS SO UNINFORMED ON ENERGY. YOU HAVE PETE BUTTIGIEG MISSING IN ACTION ON TRANSPORTATION ISSUES. WE HAVE JANET YELLEN TELLING US INFLATION WAS TRANS TORE TRI. — TRANSITORY. >> JANET YELLEN IS SAYING THE BANK PROBLEMS ARE BECAUSE OF HIGHER INTEREST RATES. WHERE DO THOSE COME FROM?
MAYBE FROM FIGHTING INFLATION.