week, Senators Bernie Sanders (I-VT) and Jeff Merkley (D-OR) proposed the
Fracking Ban Act, which would end all U.S. onshore and offshore hydraulic
fracturing activities, also known as fracking, by January 2025. Similar
legislation is expected to be introduced in the U.S. House of Representatives
by fellow “Green New Deal” supporters Reps. Alexandria Ocasio-Cortez (D-NY) and
Darren Soto (D-FL).
eco-left extremists continue to push radical policies that would destroy a
critical industry to the American economy without looking at the facts.
to a new report by
the International Energy Agency:
United States saw the largest decline in energy-related CO2 emissions in 2019 on a country basis …
US emissions are now down almost 1 Gt from their peak in the year 2000, the
largest absolute decline by any country over that period.”
In a previous post, Power the Future cited a Forbes
article on the booming U.S. oil and gas sector:
growth of the US oil and gas industry, production in particular, has been
nothing less than explosive…With no major hurdles in the short-term, it appears
continued growth is likely.
only foreseeable “major hurdle” would be a change in administrations. The
natural gas and oil industry is too important to limit, let alone destroy
entirely, which much of the Democratic presidential field is proposing to do if
US oil and gas sector employs about 880,000 workers and contributes about $1.5
trillion towards the US gross domestic product, the growth of which has been
heavily driven by shale production. Production of oil and gas hit record levels
climate change activists paint the energy sector as the “boogey-man” on global
warming and frame immediate radical policy as the only solution. Yet, studies
have shown in 2019 the U.S. saw the largest decline in energy-related CO2
emissions on a country basis, while production hit record levels.
numbers don’t add up. Especially on unnecessary policies that would wipe out
hundreds of thousands of American energy jobs.
This content was originally published here.