PRESENT DANGER CHINA - Aug 11, 2020 -
Committee on the Present Danger: China Position Paper Intended to
Help Defeat the Chinese Communist Party
WASHINGTON, D.C.— The Committee on the Present Danger: China (CPDC), an authoritative advocate for a robust whole-of-American-society response to the Chinese Communist Party’s “unrestricted warfare” against this country, has just issued the first of a series of short “position papers” aimed at advancing and mobilizing support for that cause. Titled as “U.S. Energy, Financial, and Economic (EFE) Challenges and Opportunities”, this paper offers a clear-eyed assessment of our present situation vis a vis the CCP and its determined and multifaceted efforts to take down the United States. It also offers recommendations with respect to American policy and programs in the three subject areas.
Highlights of the CPDC’s EFE Position Paper include the following:
Energy is the ultimate resource and America’s bountiful access to low-cost energy can translate into the world’s most powerful driver of enhanced economic growth. It is the single tool that will allow today’s crisis environment to be dramatically and swiftly reset.
Thanks to the United States’ enviable status as the world’s largest producer (by a significant margin) of natural gas, it is uniquely positioned to seize this opportunity to accelerate the production and export of massive quantities of Liquified Natural Gas (LNG). Using innovative U.S. technology and systems, our economy can be quickly rebooted by turning such gas sales into highly affordable national-scale power and immense quantities of potable water for countries that could otherwise struggle for decades to overcome the current challenge. Among the recommended actions are:
Deployment of American-made, jetty-less Offshore and Nearshore LNG gasification and regasification, power and state-of-the-art desalination systems.
Swiftly expand small-scale, secure, environmentally friendly and highly cost-effective S. hydropower projects utilizing revolutionary American pipeline technology.
Rapidly and inexpensively stand-up of a hydrogen-based economy that will usher in an era of emissions-free transportation and countless new technology jobs. And,
Address serious energy supply and security gaps (including: electromagnetic pulse protection for the electric grid; securing power sources against violent insurrection – e.g., with small modular nuclear reactors, secured oil and gas production and onshoring
Finance: CCP companies – including some involved in China’s: military build-up and weapons proliferation; Orwellian “surveillance state” infrastructure; repression of religious minorities; and illegal island/bastion-building in the South China Sea – have in recent years garnered some $3 trillion from U.S. capital markets. These firms do not comply with federal securities laws and SEC disclosure requirements. A number of them have actually been sanctioned by the U.S. government on national security or human rights grounds. Others are financially unsound and have other undisclosed material risks.