In the face of rising oil prices, House Republicans released a package of bills to lower costs and boost domestic energy production. The high prices at the pump have strained consumers and our lack of energy independence has raised security and ethical concerns. No one denies the immediate need for oil, including President Biden. President...
"Industry representatives say Mr. Biden’s citation of 9,000 unused permits is misleading for several reasons. More than 2,000 of those leases are tied up in litigation, making them unusable, according to the Independent Petroleum Association of America. Once a permit is secured, companies spend time evaluating the land and sometimes decide it’s not worth pursuing for production."
"U.S. liquefied natural gas (LNG) has been a boon to Europe in recent months and will play an important role this decade. Washington and Brussels recently announced their joint aspiration for the United States to supply an additional 50 billion cubic meters per year of LNG by 2030."
Leaders should develop real plans, such as steps to enable the free market to increase energy supplies and decrease energy prices while easing the eventual move to cleaner sources.
"To speed the permitting process, the proposal seeks a two-year limit on licensing for certain projects at qualifying non-powered dams and a three-year licensing process for some closed-loop and off-stream pumped storage facilities. The proposal also aims to support new technologies, including by requiring FERC to investigate 'opportunities and challenges for expanding micro hydropower resources,' a summary of the proposal said."
David Frum writes in The Atlantic about how ethanol subsidies empower Putin. “Ending the ethanol mandates and subsidies will boost world food supply. More food supply will reduce price pressures. Less pressure on food prices will remove a Russian weapon of intimidation.” Read the full article here.
"We need to be energy self-sufficient — not just for oil, natural gas, and coal, but for the raw materials needed for nuclear, solar, wind, and batteries."
"A domestic mining and REE industry can only serve to fix long-standing dependence on China for crucial defense materials and allow for a cleaner and more efficient energy transition. Conserving the environment to the point where no mine, industrial site, or manufacturing hub can be developed in the U.S. will come back to haunt Americans."
"It’s our job — and the job of policy leaders — to make sure that we deliver on all their priorities: reliable, affordable and cleaner power generation that keeps the lights on, homes warm in winter and cool in summer, and the economy humming."
Last week I had the honor of testifying before the House Select Committee on the Climate Crisis on the importance of investing in America’s ecosystems. Investing in nature-based solutions is one of the most cost-effective tools that we have to reduce the impacts of climate change.
Help us promote free market solutions for climate change.
Thank you for signing up
