Trump: Paris Accord Rejection Matter Of Sovereignty…Announces “New Era Of American Energy Dominance”!

President Donald Trump gave remarks at the “Unleashing American Energy” event. If there are still any lingering questions as to the president’s commitment to dumping the Paris Accord, they can now be laid to rest for good.

In his remarks at an event also attended by both energy executives and trade unionists, the President described the Paris Accord as an unfair deal designed to confiscate and keep locked up the country’s vast energy reserves and “trillions of dollars in wealth” to the full detriment of Americans. He said he wasn’t going to let it happen.

From fake predictions to “near limitless supplies”

Early in his remarks the President pointed out that the predictions of fossil fuels running out made decades ago all turned out to be false:

We now know that this was a big, beautiful myth. It was fake. […] the truth is that we have near limitless supplies in our country.”

Surrendering sovereignty “not gonna happen”

According to the President, the US has today an estimated 100 years worth of natural gas supplies and 250 years of coal. Those figures will likely get adjusted upwards. He says the US now in the driver’s seat in global energy, and added: “We don’t want to let other countries take away our sovereignty and tell us what to do and how to do it. It’s not gonna happen.”

Trump said that it was not enough to be energy independent, but that the aims of his administration is to become an exporter and the dominant player on the globe. He reminds that the vast reserves of energy do not belong to the government, but to the people of the United States of America.

On the Paris Accord, President Trump said the international agreement was “one-sided”, and thus the US had to withdraw, claiming that it really put the country “at a disadvantage”.

Number 1, we weren’t playing on the same field. It kicked in for us and it doesn’t kick in for others. The money that we had to pay was enormous. It was not even close.”

The president then said, however, that he remains open to renegotiate the terms of the Accord. “So, we’ll see what happens.”

No regrets whatsoever

The President then made clear that backing out was the right thing to do.

But I will tell you, we’re very proud of it. And when I go around, there are so many people that say thank you. You saved the sovereignty of our country. You saved our wealth because we would have a hard time getting to this new found wealth, and it’s not gonna happen with our country.”

He then announced “six brand new initiatives to propel America’s energy dominance: 1) revive the long neglected nuclear energy., 2) look at barriers to financing highly efficient overseas power plants, 3) approval of a new pipeline to Mexico, 4 and 5) sale of natural gas in foreign markets, and 6) opening up new areas for drilling.

 

14 responses to “Trump: Paris Accord Rejection Matter Of Sovereignty…Announces “New Era Of American Energy Dominance”!”

  1. Bjorn Ramstad

    Mike Pence said it:
    …affordable, abundant and reliable energy is the Foundation of american prosperity.”
    And that’s the truth for whatever state.

  2. Bjorn Ramstad

    Mike Pence said it:
    “….affordable, abundant and reliable energy is the foundation of american posperity,” as it also is for other states.

  3. AndyG55

    Gas, Coal, Nuclear..

    The foundations of a thriving, prosperous society and country.

    Note those words specifically…

    AFFORDABLE, ABUNDANT, RELIABLE !!

    Wind and solar… need not apply.

  4. AndyG55

    OT, South Australia is doing the Tassie and UK trick of buying a whole heap of DIESEL GENERATORS.

    That’ll keep the CO2 down! 😉

    http://joannenova.com.au/2017/06/sa-govt-to-spend-100m-on-diesel-generators-but-could-have-spent-8m-keeping-coal-plant-instead/

    1. Graeme No.3

      Since they depend on Victoria for electricity, especially in periods of high demand and Vic. has closed down 20% of its reliable generation SA will need all the diesel it can get.
      Fortunately(?) the government has driven a lot of industry out of the State, so peak demand in summer has dropped about 9%, so now they need to replace another 440MW (in addition to the announced 220MW diesel) to avoid blackouts just before the election.
      Although with the highest unemployment rate in Australia and more to come (about 50 companies apparently looking to reduce staff or shut down in Oct.), they may not need that much extra.
      They can ‘boast’ of as much wind generation percent as Denmark, and retail electricity prices to match, offset by the highest unemployment rate (and climbing) in Australia. The joys of having a government committed to renewables!

      1. Juergen Uhlemann

        When you look at Denmark, then you can see that they rely very much on Norway and Sweden like right now.
        WIND TURBINES = 881 MW
        SOLAR CELLS = 404 MW
        NET EXCHANGE IMPORT = 1,543 MW
        https://en.energinet.dk/

        1. SebastianH

          Denmark is using the available hydro power in the nordic countries as storage. In other times Denmark will export its surplus to Norway and Sweden so they can reduce their hydro power generation (=”store” electricity in form of potential energy).

          Last time denmark exported to Norway was on June 25th (see ENTSOE plattform)

          1. Juergen Uhlemann

            True, they also export from time to time to Norway. but this is not as much as they import. You could even say quite rare.
            I see that most of the time Denmark import about 1000 MW, which is about 1/4 – 1/3 of the energy usage in Denmark.

            If I check June 25th on ENTSOE, then I see also that Denmark received through BZN|DK2 – BZN|DE-AT-LU and through BZN|DK1 – BZN|DE-AT-LU. Ergo, this was not generated in Denmark.

            I understand that Norway is considered as the storage facility, but I also learned that they struggle mainly in the winter time. That’s the time when Norway really needs energy from other countries. However, even the other countries require a lot of energy in the winter time and that’s also the time when the solar is not useful and the wind can fail as well.
            See Germany in January.
            https://www.agora-energiewende.de/en/topics/-agothem-/Produkt/produkt/76/Agorameter/

  5. gallopingcamel

    At last an end to “Stupid Government” in an important segment.

    I can’t wait for an end to stupid (top down) government in education, health etc. etc.

    According to the US constitution there are only four federal departments, namely:
    TREASURY
    ATTORNEY GENERAL
    STATE
    MILITARY

    The other dozen or so federal bureaucracies must be disbanded and their functions returned to the states or the people as set out in the 10th amendment:
    “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”

  6. Brian

    Here is some information most folks do not know.

    April 29, 2015 Energy superpower ‘Saudi America’ has been the world’s largest petroleum producer for 26 months in a row

    For the 26th month in a row starting in November 2012, “Saudi America” took the top spot again last December as the No. 1 petroleum producer in the world. Also, for the 26th straight month, total petroleum production (crude oil and other petroleum products like natural gas plant liquids, lease condensate, and refined petroleum products) in the US during the month of December at 14.83 million barrels per day (red line in chart) exceeded petroleum production in No. 2 Saudi Arabia (11.52 million barrels per day, see red line in chart).

    http://www.aei.org/publication/energy-superpower-saudi-america-has-been-the-worlds-largest-petroleum-producer-for-26-months-in-a-row/

  7. Michael Davison

    All these issues apply to New Zealand. We have the same swamp problems added to by MMP. We have more than our share of “stupid top down government”

  8. gallopingcamel

    Michael Davison,
    At least New Zealand has already returned the control of public education to the local community (Tomorrow’s schools, 1989). Probably you don’t like your government schools but they are far better than ours that are still under the control of “stupid top down government” and leftist idealogues.
    http://www.gallopingcamel.info/docs/EdReform.doc

  9. tom0mason

    I note that Germany has issue a banknote to the equivalent value of a Paris Accord —
    https://intmassmedia.com/2017/06/25/in-germany-released-a-note-of-the-value-zero-euro/

  10. tom0mason

    OT but relevant is —

    4 Jul: Bloomberg: Germany Is Addicted to Russian Gas
    By Weixin Zha and Anna Shiryaevskaya
    The project (Nord Stream 2), led by Russia’s state-run Gazprom PJSC, is intended to bolster German confidence that it has enough gas to underpin an unprecedented transition from the coal and nuclear plants, which are being closed, to a future dominated by renewable energy.(???)

    “There are not many other places apart from Russia where Germany can get a lot of gas quickly,” said Jonathan Stern, chairman and senior research fellow at the Natural Gas Research Programme of the Oxford Institute for Energy Studies.

    Already Europe’s biggest gas user, Germany gets about 40 percent of what it consumes from Russia, the world’s largest exporter, according to industry consultant Wood Mackenzie Ltd. in London. That dependence is only going to increase by 2025 to more than 50 percent, especially with output from the Netherlands, Germany’s western neighbor, set to drop in coming years…

    The existing link was commissioned in 2011 and runs for 1,224 kilometers under the Baltic Sea from Vyborg, Russia, to Lubmin in Germany. It is able to carry 55 billion cubic meters of gas, or two-thirds of German gas demand, and the expansion will double that.

    Transporting gas through Nord Stream to Germany is about 40 percent cheaper than through land-based pipes via Ukraine, according to Wood Mackenzie. Germany, the U.K., France, Belgium and the Netherlands will likely benefit from lower prices, according to Brussels-based think tank Bruegel…

    ***Meanwhile, time is running out for Merkel to help Germany meet its 2020 climate goals. Despite the transition known as the Energiewende, the country is at risk of missing its target to reduce carbon emissions by 40 percent from 1990 levels. After federal elections in September, the new government may have to present proposals for closing down power plants that run on coal, which still provides about 40 percent of the nation’s electricity generation…

    Gas may provide a fifth of Germany’s power in five years, almost double current levels, according to HSBC Holdings Ltd…
    Gas demand for power production may peak in 2025 ***before being replaced with wind and solar, according to Wood Mackenzie. The country aims to produce as much as 80 percent of its electricity from renewable sources by 2050…

    “We need gas supplies when coal isn’t used anymore,” said Klaus-Peter Trapp, a 57 year-old cabinet maker from Greifswald. “This can have consequences if Russia and Germany don’t get along well anymore.”
    https://www.bloomberg.com/news/articles/2017-07-03/german-addiction-to-russia-gas-raises-alarm-in-merkel-s-backyard