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  • The Costly Contradictions of Biden’s Crusade for Green Energy

    06/13/2022 12:24:18 PM PDT · by Wuli · 15 replies
    Wall Street Journal Opnion Page ^ | June 13, 2022 | Thomas J. Duesterberg
    President Biden’s energy program is crystal clear: an all-of-government assault on the domestic fossil-fuel industry to further a green agenda. But its economic and political fallout is a muddled contrast. The Biden plan distorts or undermines so many other domestic and international priorities that it is in dire need of a midcourse correction. The administration’s efforts, led by climate czar John Kerry and propelled by the progressive wing of Mr. Biden’s coalition, have included curtailing new leases for drilling, preventing new pipeline development, and expanding the areas off-limits for production. The Securities and Exchange Commission has discouraged new financing of...