[Congressional Record Volume 171, Number 72 (Wednesday, April 30, 2025)]
[Extensions of Remarks]
[Pages E370-E371]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
INDIA-U.S. DEAL SIGNALS ENERGY SOVEREIGNTY
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HON. JOE WILSON
of south carolina
in the house of representatives
Wednesday, April 30, 2025
Mr. WILSON of South Carolina. Mr. Speaker, last week, Vice President
J.D. Vance with his Indian-American wife Usha, achieved a global
recalibration for energy independence meeting with America's
appreciated ally Prime Minister Narendra Modi.
It is an extraordinary recognition of the positive impact of Indian-
Americans that the Second Lady of America is an Indian-American
herself.
American partnership has never been more important with the world's
oldest democracy allied with the world's largest democracy.
An excellent analysis of this energy achievement was provided in the
daily Threat Status newsletter from The Washington Times on April 28,
2025, by Vijay Jayaraj of the CO2 Coalition in Fairfax, Virginia:
opinion
In a landmark move that may well redefine the future of
U.S.-India trade relations and global energy geopolitics,
Vice President J.D. Vance announced a new trade deal with
India. The day after he met with Indian Prime Minister
Narendra Modi on April 21, Mr. Vance said the two countries
had ``officially finalized the terms of reference for the
trade negotiation.''
The deal, initiated against the backdrop of President
Trump's tariff threats, could be a masterstroke of economic
diplomacy. Mr. Trump's announcement of a 90-day pause on
reciprocal tariffs, which could have raised duties on Indian
exports, gave India a window to negotiate.
The energy economics of this deal and its potential to
reshape the global market for fossil fuels are fascinating.
In his announcement, Mr. Vance declared, ``We want to sell
more energy to India and also help it explore its resources,
including offshore natural gas reserves and critical mineral
supplies.''
The arrangement could propel India toward its long-standing
goal of energy surplus. This feat appeared daunting, perhaps
impossible, against the nation's projections for a massive
increase in demand, the fastest-growing among major economies
for the next two decades.
Let's get it straight: India has a long way to go before it
even contemplates reducing its consumption of hydrocarbons.
Even a middle-class Indian like me residing in a major city
experiences power blackouts regularly, which is precisely why
the nation has postponed net-zero ambitions to a distant
2070. Even the documents for the country's participation in
the nutty United Nations Paris Agreement prioritize domestic
energy security over international climate diplomacy.
India's reliance on imported energy, which includes more
than 85% of its crude oil and roughly 50% of its natural gas,
poses a strategic vulnerability. The government aims to more
than double natural gas' share of the energy mix to 15% by
2030. U.S. liquefied natural gas suppliers have surpassed the
United Arab Emirates to become India's second-largest LNG
supplier, trailing only Qatar.
A key player in this unfolding saga is GAIL Ltd., India's
state-owned natural gas company. On April 11, GAIL issued a
tender to procure 1 million metric tons per annum of LNG from
an existing or new U.S. LNG liquefaction project, with
operations commencing by 2030. The agreement, potentially
extendable by five to 10 years, signals India's commitment to
U.S. supplies.
GAIL had to stall a similar process in 2023 to buy a stake
in a U.S. LNG plant after President Biden banned export
permits for LNG projects. The ban was lifted only after the
Trump administration returned to the White House.
The timing of the upcoming deal is notable, strengthening
India's position as a counterweight to China. The Quad
alliance--comprising the U.S., India, Japan and Australia--
gains heft as India bolsters its energy security and economic
clout.
As Mr. Vance emphasized, the U.S. willingness to share
technology and expertise could enhance Indian autonomy,
reducing reliance on adversarial suppliers. This alignment is
particularly crucial as China intensifies its trade outreach
in Southeast Asia and seeks to blunt the effect of U.S.
tariffs.
The Western media will decry the expansion of fossil fuel
trading as a climate catastrophe, as though that would
resonate with a serious person. The U.S.-India deal wisely
eschews climate moralizing and embraces a symbiotic truth:
America's shale boom and India's hunger for energy perfectly
match.
This deal reaffirms energy sovereignty. Perhaps it marks
the beginning of a global recalibration, in which nations
rediscover the courage to assert their right to energy
abundance and economic self-determination without apologizing
to the corrupt and decrepit climate cartel of Brussels, Davos
and U.N. corridors.
May the new world order feature developing nations standing
for their futures and rejecting the false campaign of
planetary salvation.
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