The Biden administration intends to price fossil fuels out of the market in favor of renewables whose actual costs are higher than fossil fuels and lack fossil fuels’ benefits (e.g., they don’t stop working when the sun isn’t shining or the wind doesn’t blow). From Robert at iceagenow.com:
A war on reliable, affordable American energy – Increasing the cost of “fossil fuels” by 10 times, even 20 times (Gasoline at $30 a gallon? $60 a gallon?)
“Within hours of taking office, President Biden resurrected the Obama era “social cost of carbon” Interagency Working Group – but with added directives that will easily let it concoct a final cost of $100, $150 or even $200 per ton of carbon dioxide emitted from fossil fuel operations,” writes Paul Driessen.
“The new directives include other greenhouse gases and totally subjective and malleable “considerations of environmental justice and intergenerational equity.” Climate “scientists,” modelers, economists, “ethics experts” and of course “diverse stakeholders” will participate in the process. Skeptics of dangerous manmade climate chaos can wade in as well, but their input will likely be ignored and canceled.