Sen. Bill Cassidy: Biden's Energy Policy Is a 'Failure' for Climate, National Security, Economy
(CNSNews.com) - "This administration's energy policy is a failure in terms of the climate, in terms of national security, the economy, in terms of, you name it," Sen. Bill Cassidy (R-La.) told "Fox News Sunday."
Think about it, less than a year ago, under the previous administration, we were not only energy independent, but poised to become the -- to have the ability to make the EU energy independent.
In less than a year we've lost that ability. And so now Russia has the leverage over the EU in terms of energy supply in order to kind of blackmail them into turning a blind eye (to a Russian invasion of Ukraine). You could argue they're trying not to, but Germany's response has been quite muted to this apparently pending invasion.
I would say that this is a culmination of a failed energy geopolitical policy.
Cassidy noted that the Biden administration's policies may be increasing carbon pollution: "So now Germany's burning coal instead of natural gas. Not only are we getting more carbon intensity, but we're also putting our European allies at threat of economic downturn and allowing them to be leveraged by Russia."
The solution, Cassidy said, is to "resume using America's resources, ramping them up in order to provide or replace that which Russia would provide.
"By the way, that means beginning to lease in the outer continental shelf off Louisiana, allowing development of oil and natural gas and public lands only inland and speeding up permitting for the LNG export facilities and pipelines that are currently not occurring.
"It could also include, by the way, permitting for the renewables to be able to ship their electrons. Right now, this administration is putting in amber the ability of the U.S. to expand its energy supply. That's why we're paying more for gas and natural gas. It's why the EU is. We have to ease that, not only for ourselves, but also for the EU.
Cassidy said Congress cannot help Europe meet its energy needs if the Biden administration "slow walks everything by every means possible to decrease U.S. energy production. Now, the administration can take laws that are on the book, interpret them in such a way, sometimes in direct conflict with a stated means of the law, to slow down production. That's what this administration is doing."
As oil and gasoline prices continue rising, the Wall Street Journal reported on Monday: "Russia is the world’s third-largest oil producer, and if a conflict in Ukraine leads to a substantial decrease in the flow of Russian barrels to market, it would be perilous for the tight balance between supply and demand."
https://www.cnsnews.com/article/washington/susan-jones/sen-bill-cassidy-bidens-energy-policy-failure-climate-national
No comments:
Post a Comment