Site icon IER

Energy Talking Points: 12 myths that government-dictated green energy is cheaper than fossil fuels

As seen in Energy Talking Points

_________

Today I will be testifying for the House Budget Committee at a hearing called “The Costs of the Biden-Harris Energy Crisis.” The main point I’ll be making is that the policy of government-dictated “green” energy, practiced by Biden-Harris and many other governments, is ruinous. When you shackle the most cost-effective and scalable source of energy, fossil fuels, and subsidize unreliable solar and wind, energy necessarily becomes more expensive, less reliable, and less secure.

In preparation for the hearing, I wanted to see what the witness in favor of the Biden-Harris energy policy, Trevor Higgins of Center for American Progress, would say in its defense economically. I saw that he testified recently on this very topic.

[…]

Myth: “The prospect of swiftly declining domestic demand for oil and gas is provoking the industry to build new export facilities, hoping to find overseas markets for liquefied natural gas (LNG).”

Truth: Industry is not “hoping” to find markets, US natural gas is desperately needed across the world! This includes European countries that desperately need more natural gas to support their unreliable solar and wind capacity on their expensive power grids.6

[…]

6

_________

Read the full article here, at Energy Talking Points

Exit mobile version