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2024-01-16 Home Front: Politix
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Biden's trillion dollar climate agenda is blowing up and John Kerry has a lot to answer for
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[MSN - FoxNews] No wonder John Kerry is stepping down as climate czar. Joe Biden’s trillion-dollar green agenda is blowing up, and no one is more closely tied to the fast-deflating boondoggle than John Kerry.
The push for electric vehicles is a bust, renewable projects like offshore wind farms are being canceled by the boatload, people are tired of being told they can’t buy things they want, like gas stoves and incandescent light bulbs and – guess what? – sane people in our country are willing to admit (finally) that the world will run on fossil fuels for the foreseeable future.
Just last week, Chesapeake Energy announced it will spend $7.4 billion to purchase Southwestern Energy, creating what will be our country’s largest producer of natural gas. The combined companies will feed an ever-growing demand for U.S. gas to supply LNG exports, essential to loosening Russia’s grip on Europe’s energy. The acquisition signals confidence that Biden’s crack-down on oil and natural gas production has run smack into a reality brick wall; much as the White House wants to pander to the climate lobby, we need fossil fuels.
In 2022, Biden promised our NATO allies the U.S. would ramp up LNG exports to help supply their energy needs. Even as he did so, his confused administration continued to roll out regulations that make generating such supplies more costly and more difficult. Just last week, the White House proposed new fines on methane emissions, part of a broader crackdown that could reportedly make a large number of smaller oil and gas wells uneconomic and curb U.S. production by as much as 5%.
Right now the feds are deliberating whether to permit construction of another LNG terminal on the Louisiana Coast. Will the White House climate zealots actually decide against it?
At the same time, war in the Middle East is driving home once again that energy security is national security; the government’s war on fossil fuels looks dumber by the minute. Aggression from Russia’s Putin and Iran’s mullahs is funded by oil; they would have less money to invest in malicious activities were it not for the Biden White House discouraging U.S. production which could bring global prices down. US output is currently 13.2 million barrels per day, finally surpassing the 13 mb/d peak reached during the Trump presidency. But….it would be higher but for the delays in leasing, increased fees, and other obstacles thrown up by the Biden group. 
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Posted by Skidmark 2024-01-16 10:05||
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Posted by BrerRabbit 2024-01-16 12:11||
2024-01-16 12:11||
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Posted by Super Hose 2024-01-16 12:57||
2024-01-16 12:57||
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Posted by Frank G 2024-01-16 13:51||
2024-01-16 13:51||
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Posted by Tom 2024-01-16 15:01||
2024-01-16 15:01||
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