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Waging War on American Energy
American Thinker ^ | 31 Mar, 2022 | John Horvat II

Posted on 03/31/2022 5:13:42 AM PDT by MtnClimber

resident Biden is declaring war on American energy in a time of crisis.

Russia’s war on Ukraine is changing the geopolitics of the world. The delicate situation calls for agility and improvising to adjust to a crisis that could quickly become ugly. The Biden Administration and Western Europe have imposed sanctions as part of a strategy to end the war.

However, the administration is also applying “sanctions” upon the American energy industry to serve the ideology of the climate-change left. America cannot win a war if it turns against itself.

President Biden is waging war on American energy, and his administration is doing everything possible to discourage production. It can’t not know what it is doing.

A Devastating SEC Decision

A recent decision by the Securities and Exchange Commission (SEC) is a case in point. The Democrat-dominated body voted to advance a proposed rule that will wreak havoc on energy producers -- right when they need to increase production to offset sanctioned Russian supplies.

The new SEC rule will expand the requirement that all public companies disclose the climate risks involved in their operations. This already egregious requirement has now been made completely unreasonable.

Present law covers so-called “material” events and risks defined as information deemed important by a reasonable person. Such disclosures are usually very limited to those things impacting the environment that investors would need to know.

(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Science; Society
KEYWORDS: communism

1 posted on 03/31/2022 5:13:42 AM PDT by MtnClimber
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To: MtnClimber

As a nation we are dealing with external threats to stop them from killing us, but now we have a cancer that is going to kill us from the inside.


2 posted on 03/31/2022 5:13:53 AM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on mycreen name for my FR home page.)
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To: MtnClimber

the SEC works with Pelosi and her ux
to rape America, it energy and its companies;
sort of like her boy with the little girls
raping but long-protected by the FIB.


3 posted on 03/31/2022 5:30:40 AM PDT by Diogenesis (Si vis pacem, para bellum)
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To: MtnClimber

The democrats have decided that no one can reasonably know what constitutes either a woman or a climate study statement of compliance. Same with judges who creat laws out of thin air.


4 posted on 03/31/2022 6:21:34 AM PDT by Jumper ( )
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To: MtnClimber

Let’s hope we have enough left for Trump to Make America Great Again.


5 posted on 03/31/2022 6:22:37 AM PDT by 1Old Pro
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