Timothy Puko and Phred Dvorak of The Wall Street Journal report on how inflation is derailing Biden’s climate agenda.
- High global prices for oil and natural gas have led to some nations increasing their consumption of coal.
- Record energy prices have eaten into budgets, deterring consumers and businesses from investing in clean technology upgrades.
- Good economic policy is good climate policy. By embracing the principles of economic freedom and empowering the private sector, lawmakers can promote solutions that lower costs and lower emissions.
Read the full article here.