EXPECT MILLIONS OF JOB LOSSES, EXPLOSION IN ENERGY PRICES AND POSSIBLE SHORTAGES
END OF ENERGY INDEPENDENCE
Like most of Biden's proposed policies there is either a lack of specifics or candor about what they would be and no analysis of the effects on American households and businesses. You can view his proposals here:
1. New tough regulations on oil and gas producers. Focusing on methane emissions.
2. Rigorous new Fuel economy standards on light and medium vehicles. With the goal of 100% of new vehicles having zero emissions. In effect eliminating access to vehicles to many parts of society due to increasing the cost of vehicles
3. Ban oil and gas production on all public lands.
4. Enact legislation to ban all fossil fuel use by 2050.
5. Rejoin Paris accords.
6. Target reducing carbon footprint by 50% by 2035, by re-fitting buildings and appliances on existing buildings.
7. Emphasis on environmental Justice because global warming effects minorities in a disproportional way.
8. Direst the EPA and Justice Department to increase accountability on fossil fuel producers for pollution.
9. Create 10 million Union jobs in retrofitting buildings and producing new clean energy jobs. Preference to be given to union workers.
These plans are the government take-over and control of all energy production. This has been the goal of big government for years. While not exactly nationalization. In effect, it will be total control of all energy production and use. It will give the government the power to eliminate producers who are not favored. It will likely result in shortages, brown outs and a dramatic raising the cost of all energy.
It will eliminate our ability to be energy self sufficient and we will likely be forced to buy energy from producers who are less likely to be clean producers.
It will likely price out the lower income segments of society access to private transportation.
Methane emission regulations will likely also target meat producers and farmers, which could raise the cost of all food. Farming is very energy reliant. It will raise the cost of food dramatically.
This is a backwards plan. Instead of developing new clean sources of energy, this will never be able to replace fossil fuels with windmills and solar panels, It is eliminating fossil fuel without a viable replacement. It will raise the cost of electricity, as Obama predicted, by 200% or more. It will raise the cost of home heating. It will raise the cost of food. It will raise the cost of transportation dramatically.
In effect,it will make all American's poorer and will force many into hunger and homelessness.It will allow government bureaucrats with little knowledge of energy production to become the overseers of the energy industry. It will be a disaster.
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