Presidential candidate Joseph Biden describes the Green New Deal espoused by Alexandria Ocasio-Cortez and other Democrats as a “crucial framework” for his climate plan. Biden proposes a carbon tax on fossil fuels, which will be detrimental to America’s world-leading oil and natural gas production and continue to destroy America’s coal industry. Now that America is energy independent for the first time in 75 years, Biden proposes to return America’s energy production to oblivion, thereby affecting our national security, making the United States again dependent on Middle East oil. His new energy taxes would increase prices at the gasoline pump and raise utility bills, hurting American families just when President Trump has lowered taxes and produced a prosperous economy before the coronavirus pandemic hit.
Clearly, Biden’s energy and climate plans would set American energy production back decades and other countries would reap the benefits—China, Russia, and Saudi Arabia to name a few. China is building new coal plants to spur its economy to recovery from the coronavirus pandemic. With U.S. preeminence reduced, Saudi Arabia and Russia will raise billions for their budgets with their exports of oil and gas. The United States would be the sole loser, as is recognized by President Trump’s energy dominance platform.
