U.S. President Joe Biden is pushing for a temporary increase in oil and gas production at the COP26 climate summit in Glasgow, Scotland. While Biden himself has acknowledged that his effort might seem ironic, to some climate activists, it is more than that: It’s hypocritical, especially coming from a president who has pledged to rapidly shift the U.S. economy away from fossil fuels.
These criticisms are misguided. An increase in oil and gas production, even over the medium term, is not inconsistent with action to curb climate change — in fact, it is instrumental to its success.
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November 03, 2021 at 07:30PM
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More Oil and Gas Now Will Mean Less Coal Later - Bloomberg
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