On February 28th, BizPacReview posted an article illustrating the Biden administration’s plan to deal with the current high energy prices.
The article reports:
White House press secretary Jen Psaki called for furthering green energy initiatives in the face of foreign oil dependence that could see Americans burdened by $150/barrel prices.
In an appearance on ABC’s “This Week,” Psaki dismissed calls for President Biden to restart the Keystone XL oil pipeline and instead harkened back to the executive order that canceled the project which stated, the U.S. “must prioritize the development of a clean energy economy.”
“What this actually justifies in President Biden’s view is the fact that we need to reduce our dependence on foreign oil, on oil in general,” Psaki claimed, “and we need to look at other ways of having energy in our country and others.
In 1948, Winston Churchill made a speech to the House of Commons in which he said, “Those who fail to learn from history are condemned to repeat it.” The actual quote is “Those who cannot remember the past are condemned to repeat it.” (George Santayana-1905). Regardless of the origin or the wording, the concept is valid. Unfortunately we have an administration in Washington that is ignoring those words.
The IER study also notes that Spain’s green agenda was not able to keep its carbon footprint from rising. Between 1994 and 2011, Spain’s carbon dioxide emissions grew 34.5 percent, despite the country’s green push which began in the 1990s.
“While the renewable policies themselves were likely not the cause of the emissions increase, the upward trend does prove that renewable energy policies were insufficient to reduce CO2 emissions over a roughly twenty-year period,” according to IER.
“is anything but the model for American energy policy,” reads the IER study. “The country’s expensive feed-in tariff system, subsidies, and renewable energy quotas have plunged a sizable portion of Spaniards into fuel poverty, raised electricity bills, all while having almost no meaningful impact on curtailing carbon dioxide emissions.”
The article at BizPacReview states:
Contrary to Psaki, Bartiromo pointed out, “The only move for the United States at this point to protect itself is to become energy independent again.”
Bartiromo (Maria Bartiromo) further stated that Biden is partially responsible for the looming energy crisis as he canceled the Keystone XL pipeline and all drilling on federal land on his first day in office. Biden continued the assault on domestic energy production last week when the administration delayed decisions on permitting new oil and gas leases, Fox Business reported.
The delay is in direct response to an injunction that prevents these new leases from paying more than $50/ton on their carbon emissions that Biden also demanded on his first day in office. The judge’s temporary injunction allows the rate to remain at the $7/ton that President Trump had instituted following the initial $50+/ton under President Obama.
Biden had also proposed banning all crude oil exports from the United States in December, a consideration which was highly panned amidst an already suffering economy. Republican pushback against such devastating measures was led in part by Rep. August Pfluger (TX) who has once again stepped up to promote American energy security.
The war over Ukraine has further proven that America needs to be not only energy independent, but a major exporter of fossil fuel. That is the only way to remain a world power. If the Biden administration continues its race toward green energy, we can count on being a third-world country by the end of the Biden administration.