The oil industry took a massive nosedive on Monday amid the coronavirus pandemic and although it means American workers will likely lose their jobs, Rep. Alexandria Ocasio-Cortez, D-NY, celebrated the move saying “you absolutely love to see it” on Twitter. Within minutes, however, she deleted the tweet and replaced it with a different message.
“You absolutely love to see it.” she wrote in her original tweet, “This along with record low interest rates means it’s the right time for a worker-led, mass investment in green infrastructure to save our planet *cough*”
Now is the time to create millions of good jobs building out the infrastructure and clean energy necessary to save our planet for future generations.
For our economy, our planet, and our future, we need a #GreenNewDeal.
— Alexandria Ocasio-Cortez (@AOC) April 20, 2020
The revised tweet said, “Now is the time to create millions of good jobs building out the infrastructure and clean energy necessary to save out planet for future generations.”
Oil prices fell to the lowest they’ve ever been Monday all the way to -$40 a barrel and the expectation is that many workers in the industry will lose their jobs as a result. “There is such a massive supply surplus and very little places to store it, and that’s what’s driving this,” Jim Burkhard, vice president and head of oil markets at IHS Markit, told The Hill.
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Electric Vehicle company with Chinese ties awarded $500 million of taxpayer money for 2nd U.S. plant
With a little help from their Democrat friends, a Chinese electric vehicle (EV) battery company with ties to the Chinese Communist Party just announced the opening of its second plant in the United States.
Fox News reports Gotion Inc., whose parent company Gotion High-Tech is based in Hefei, China, unveiled plans to build a $2 billion lithium battery plant in Manteno, Illinois, alongside Democratic Gov. J.B. Pritzker, who cheered the project.
The announcement comes amid growing opposition to the company’s plans to build a billion-dollar factory in Mecosta County, Michigan.
In order to make the expansion happen, lobbyists for the Chinese Communist Party-tied electric vehicle company funneled cash to Democrats. “Individuals at a law firm registered as foreign agents to lobby on behalf of Gotion, a Chinese electric vehicle battery company developing a controversial project in Michigan, and wired campaign contributions to several top Democrats” reports Fox News.
“According to state and federal filings, Monique Field-Foster, an attorney at the Lansing office of the Warner Norcross + Judd law firm who is acting as a foreign agent on behalf of Gotion, donated to the campaigns of Democratic Gov. Gretchen Whitmer, Whitmer’s sister Liz Gereghty and Michigan Democratic Senate hopeful Rep. Elissa Slotkin” the Fox News report continued.
“With the right incentives, nation-leading infrastructure, world-class workforce and booming clean energy production, we have transformed ourselves into an attractive location for global manufacturers. Today, we take another leap forward. It’s my pleasure to welcome Gotion to Illinois and to show the world yet again that Illinois is ready to be a player on the world stage.”
Pritzker delivered remarks late last week thanking Gotion for choosing Illinois to call “home” in a ceremony with leaders from Gotion High-Tech, including Li Zhen, the company’s chairman and president, who said he expected the factory to open in less than 12 months.
“All that we see here [in Illinois] are of enormous value to us: an enabling business environment, a supportive state government for the new energy industry and their highly efficient work, as well as the prospects of the State of Illinois in the coming years,” the Gotion president added. “We believe that Gotion’s battery technology will help to boost e-mobility in North America and the economic and trade exchanges between China and the U.S.”
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