PUBLIC MORE CONCERNED ABOUT ENERGY PRICES THAN SUPPOSED CLIMATE CATASTROPHE
MAY 5, 2022
By H. Sterling Burnett
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Climate Change Weekly #433
The inflation rate in the United States is the highest it has been in more than 40 years. Many people living today have never experienced the drop in buying power they are now. Historically high and rising energy prices are having a ripple effect throughout the economy, significantly increasing the prices of food and other essential goods and services.
As described in previous issues of Climate Change Weekly and two recent papers by Heartland Institute scholars, rising food and fuel prices are a direct result of President Joe Biden’s climate and energy policies.
To fight climate change, Biden canceled the Keystone XL pipeline partnership with Canada, imposed a moratorium on new oil and gas leases on federal lands and the U.S. outer continental shelf; cancelled oil and gas leases in the Arctic National Wildlife Refuge, foreclosed drilling on more than half of the National Petroleum Reserve-Alaska, and proposed increasing the federal fees and royalties paid by oil and gas producers. Biden also forced new climate-change restrictions on infrastructure projects like pipelines, while simultaneously making it more difficult and expensive to ship natural gas by rail. He also imposed methane emission restrictions making it harder and more expensive to develop, store, and transport oil and natural gas.
A new survey, conducted by the polling firm Rasmussen on behalf of The Heartland Institute, indicates the public largely understands that high prices and shrinking buying power are the result of the Biden administration’s disdain for U.S. oil and gas production and obsession with fighting climate change—and they are ready for a change, both of policy and leadership. (NOTE: The poll will be released publicly on Monday, but Climate Change Weekly readers get a preview.)
https://www.heartland.org/news-opinion/news/public-more-concerned-about-energy-prices-than-supposed-climate-catastrophe
