The US President has been forced to face reality and understand that oil will be essential to the USA for decades to come, if not longer. It’s a truth that no leader of any Western nation can ignore in the end for all the fine green words they may spout, or else they will find the voters will turn on them.
Here is an extract from the Daily Telegraph to explain:
Joe Biden is facing a showdown with environmentalists and leading Democrats after approving one of the largest ever drilling projects on US land.
His administration gave the green light to the Willow Project on Alaska’s North Slope, effectively reversing a policy pledge he made during the 2020 presidential election.
Having entered office vowing “no more drilling on federal lands, period”, Mr Biden’s hand has been forced by soaring energy prices, which have fuelled inflation.
The Willow Project, which has been led by oil behemoth ConocoPhillips, could produce more than 600 million barrels of crude oil over the next 30 years.
It is understood that the president will try to soften criticism by imposing strict restrictions on offshore drilling and strengthening protection on more than 13 million acres in the National Petroleum Reserve in Alaska.
This is unlikely to satisfy critics who are pressing the administration to honour its pledges at a raft of global climate summits.
Environmental groups estimate that the Willow Project will add more than 250 million metric tons of carbon emissions to the atmosphere over the next 30 years, equivalent to the annual emissions of 66 coal plants.
Annually, it would equate to adding nearly two million cars onto US roads.
Only last week, nearly two dozen Democrat members of Congress – as well as independent Bernie Sanders – wrote to Mr Biden urging him to kill off what they described as an “ill-conceived and misguided” oil and gas drilling project.
via climate science
March 14, 2023 at 09:22AM