Ken Griffin, founder and CEO of Citadel, has called out the Biden administration's recent tariffs on Chinese electric vehicles (EVs) and a freeze on new liquefied natural gas (LNG) licenses as “incoherent” and contradictory to U.S. climate goals. 🌍⚡ In an interview with Bloomberg TV, Griffin argued that limiting access to affordable Chinese EVs—which are often praised for their efficiency—while stalling LNG projects undermines efforts to transition to cleaner energy.
“We’re trying to have our cake and eat it too,” Griffin said, likening the policies to a “Game of Thrones plot twist nobody asked for.” 🔄 Analysts say the tariffs could slow EV adoption in the U.S., while the LNG freeze has sparked concerns about energy security and global market dynamics. China, a leader in EV production, has yet to formally respond.
For young professionals and climate advocates, the debate highlights a growing tension between economic strategy and environmental priorities. As Griffin put it: “You can’t fight climate change with one hand tied behind your back.” 🤝💡
Reference(s):
Citadel CEO: Tariffs on China highlights Biden's 'incoherent' policies
cgtn.com