President Biden traveled to a wind turbine manufacturing unit operated by a foreign-owned inexperienced power agency in central Colorado on Wednesday to tout his “Bidenomics” and local weather agenda.
Biden delivered remarks at South Korea-based CS Wind’s website in Pueblo, Colorado, which is present process a $200 million growth with the assistance of federal funding earmarked beneath the Inflation Reduction Act, Democrats’ $739 billion local weather and tax package deal handed final 12 months. The manufacturing unit is the most important facility manufacturing wind towers, the a part of wind generators that carry the rotor and blades.
“When I took office, we set a goal to produce 100% carbon-free electricity by 2035,” Biden remarked throughout the ceremony. “Because of my commitment to a clean energy future made in America, clean energy companies started investing here in Colorado.”
“As I’ve said for a long time, when I think about climate, I mean it sincerely, I think jobs,” he continued. “It’s about, not only saving lives and saving the environment, but jobs.”
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![Standing next to CS Wind employees, US President Joe Biden speaks about Bidenomics at CS Wind on November 29, 2023 in Pueblo, Colorado. CS Wind, the largest wind turbine tower manufacturer in the world, recently announced they were expanding operations as a direct result of the Inflation Reduction Act.](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2023/11/1200/675/Joe-Biden_Pueblo-Colorado_Wind-turbines.jpg?ve=1&tl=1)
Flanked by CS Wind workers, President Biden speaks about Bidenomics at CS Wind on Wednesday in Pueblo, Colorado. (Michael Ciaglo/Getty Images)
The manufacturing unit was first constructed in 2009 by Danish inexperienced power firm Vestas which bought the property to CS Wind in 2021. The South Korean firm then introduced in September 2022 that it will broaden the plant, which produces wind towers completely for onshore tasks, simply weeks after Biden signed the Inflation Reduction Act.
According to CS Wind, the Pueblo facility primarily serves the U.S. market. The firm’s “core facility” is positioned in Vietnam and its second facility — which serves markets in Europe, Asia and Africa, and sells towers to among the largest wind power corporations on the earth — is positioned in China. Other amenities are positioned in Taiwan, Malaysia, Turkey and Portugal.
The firm additionally bought the Colorado manufacturing unit two years after abandoning a facility in Ontario, Canada, which had employed a whole bunch of individuals and obtained hundreds of thousands of {dollars} in tax incentives. The closure got here as a shock to native officers and labor unions.
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“There’s no one working there,” Fred MacPherson, a enterprise supervisor for Ironworkers Local 721, informed native outlet Windsor Star in 2019. “We used to have 300 people working there and now there’s none.”
And CS Wind, which is publicly traded in South Korea, has seen its worth plummet in latest months as the worldwide wind power trade has struggled beneath the burden of assorted financial elements in latest months. The firm has shed a staggering 41% of its market worth since mid-June, in keeping with monetary knowledge.
![The Biden administration aims to approve 30 gigawatts of offshore wind energy by 2030.](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2023/04/1200/675/Biden-wind.jpeg?ve=1&tl=1)
Biden has sought to quickly deploy inexperienced power nationwide. He has established objectives of building a carbon-free energy grid by 2035 and approving 30 gigawatts of offshore wind power by 2030. (Drew Angerer/Getty Images | John Moore/Getty Images)
Biden’s journey to advertise CS Wind and his aggressive inexperienced power agenda, in the meantime, was met with criticism from the West Slope Colorado Oil & Gas Association which represents impartial fossil gasoline producers within the space.
“Our west slope families hear a lot from President Biden about recovery but we’re not feeling it,” Chelsie Miera, the West Slope Colorado Oil & Gas Association’s government director, informed Fox News Digital. “Inflation continues to keep costs high, challenging family budgets, while uncertainty looms over our national economy.”
“Our local oil and natural gas workers stand ready to recover, but this administration continues to block and stymie our production of some of the cleanest and most dense energy molecules in the world,” Miera added. “With two different wars happening in energy intense regions in the world, it’s time for the President to allow our West Slope hardworking women and men to be part of the solution producing clean, affordable and reliable natural gas for the good of our communities and the globe.”
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She famous that pure gasoline manufacturing on federal lands in Colorado declined practically 20% between 2019 and 2022, whereas the Biden administration has not held a single lease sale within the Pueblo space since taking workplace. Miera mentioned lowering oil and gasoline manufacturing burdens native counties with lowered revenues important for faculties, fireplace safety districts, libraries, water remedy amenities and different vital tasks.
![Wind electric power generation turbines generate electricity outside Medicine Bow, Wyoming on August 14, 2022.](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2023/10/1200/675/wind-farm-wyo.jpg?ve=1&tl=1)
Wind electrical energy technology generators generate electrical energy outdoors Medicine Bow, Wyoming, on Aug. 14, 2022. CS Wind manufactures the towers holding the rotors of a turbine. (PATRICK T. FALLON/AFP by way of Getty Images)
But the White House defended Biden’s journey, saying his Bidenomics agenda is ushering in vital funding in Colorado and nationwide. It additionally defended the president’s option to tout a international firm, saying the administration was reversing years of offshoring.
“Thanks to President Biden, businesses based in America and our partners are making historic investments here at home instead of offshoring jobs,” White House spokesperson Michael Kikukawa mentioned in a press release to Fox News Digital. “They’re opening or expanding factories that employ American workers who are building American-made products — including the more than 800 jobs created in Colorado by CS Wind thanks to the Inflation Reduction Act.”
“Bidenomics is creating jobs for American workers, reversing the offshoring caused by MAGAnomics during the Trump administration,” he continued. “Unfortunately, self-identified MAGA Republicans like Congresswoman Boebert want to repeal the investments that are powering economic growth in their districts — sending these jobs back overseas while giving more wasteful tax cuts to rich special interests.”
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Overall, fossil fuels proceed to characterize by far the most important driver of the financial system in comparison with different power sources. Petroleum powers the overwhelming majority of the transportation sector whereas pure gasoline and coal produced greater than 60% of electrical energy generated within the U.S. final 12 months. Just 10% of the nation’s electrical energy was generated by wind energy.