What if one bad year just leads to more and increasingly bad years?
Energy & Environment
It would be a lot better if the administration actually believed in its "all of the above" rhetoric and encouraged oil production in federal areas instead of hobbling it.
No matter who owns Iraqi oil, the one thing you can be pretty sure of is that they are going to sell it.
Dialing up the regulations requires removing political economy barriers, and that will only happen when clean energy becomes much cheaper. The principal way to accomplish this is through innovation.
Debates about federal carbon control regulations and a solar-energy-induced "death spiral" for electric utilities have been heating up, but along separate tracks. Those two debates have now effectively collided.
The EPA's attempt to garner political support for its proposed carbon regulation actually casts climate change as a less-important problem than the administration has repeatedly asserted that it is.
It's about time both sides who argue only their perspective (economy or environment) recognize that to ensure the well-being of our world's population today and for the future, one must be honest and embrace that both are essential and not mutually exclusive.
Time is long past due for America to move on climate change.
It isn't just a single instance or two where the agency has failed to protect the public.
The U.S. now finds itself in a position to export both natural gas and petroleum.