Kevin D. Williamson of National Review writes on how to lower carbon emissions while protecting energy security.
- Across the country and across the globe we are seeing energy prices go up driven in part by supply shortages.
- This supply shortage has been created by a number of things including an overreliance on one energy source and regulatory burdens such as the Jones Act.
- The energy crunch being seen around the world has shown us that the best way to protect consumers and the environment is by embracing a diverse energy portfolio and reducing regulatory burdens to allow the private sector to thrive.
“One of the reasons New England is reliant upon natural gas imported from exotic locales is that infamous relic, the Jones Act, which gives U.S.-made ships a monopoly on port-to-port service within the United States, legally excluding 98 percent of the ships that serve U.S. trade from domestic service. We could supply New England’s natural gas on ships if not for a law protecting the people of New England from the menace of low prices and abundance.”
Read the full article here.