The left-wing media, obsessed with the collusion narrative between campaign associates of President Trump and Russia, are ignoring evidence linking Russia to the renewable energy and anti-fossil-fuel policies of progressive Democrats and environmental activist groups.
Objective analysis shows Russian economic interests are perfectly aligned with the energy policies promoted by Hillary Clinton and John Podesta during the 2016 presidential campaign.
The Russian economy depends on oil and natural gas exports and benefits from high energy prices. Therefore, the last thing Russia President Vladimir Putin wants is for the U.S. to increase oil and natural gas production to compete with its energy exports.
Trump’s energy policy — not Clinton’s — undermines the Russian economy and its political influence.
Clinton, like former President Obama (both fans of climate change regulation), promoted renewable energy and limiting fossil fuel development through the boot of government — diminishing the ability of the U.S. to reach its full energy production potential.
In contrast, Trump campaigned on full development of coal, oil, and natural gas energy resources.
The recent bankruptcy of biofuels company Joule Unlimited, where Russian investment money followed the appointment of John Podesta as a board member, adds more doubt to the theory that Putin wanted Donald Trump as president.
Trump’s victory was a factor for the financial difficulty at Joule Unlimited, where a Russian investment firm tied to Putin invested $35 million in 2011.
In a recent interview with “The Digest,” a biofuels newsletter, former Joule Unlimited CEO Brian Byes explained that new potential investors “walked away, particularly post election.”
The election of Trump sent a market signal to energy companies and investors that the U.S. was going to embark on a fossil fuel energy renaissance, making renewable energy a less favorable investment.
Russian efforts to discourage U.S. energy goes back years.
In a 2015 Washington Times commentary, economist Richard Rahn described the Russian economic interest and efforts to restrict U.S. energy development, including a report that showed the Kremlin funneling money to environmental activist groups through the Sea Change Foundation.
The Center for American Progress, the left-wing policy group, also received money from the Sea Change Foundation when Podesta — Clinton’s former campaign chairman — headed the organization.