climate causes
GOP speakers criticize Biden's energy policies at convention
Several Republican National Convention speakers blamed President Biden's policies for rising gas and electricity prices, but experts attribute the increases to global market forces and other complex factors.
Brad Plumer and Lisa Friedman report for The New York Times.
In short:
- Republicans claimed Biden's policies increased gas and electricity prices.
- Experts say global market forces and events like Russia's invasion of Ukraine influenced these price hikes more than Biden's policies.
- Former President Trump promised more domestic drilling, but experts argue other factors affect energy prices.
Key quote:
“The bulk of electricity price spikes are the result of ‘increasing cost and volatility of fossil fuels’ and extreme weather events like wildfires.”
— Brendan Pierpont, director of electricity modeling at Energy Innovation
Why this matters:
Misleading narratives can cloud public understanding and influence policymakers. For instance, blaming renewable energy for all price increases overlooks the benefits of reducing reliance on fossil fuels and the long-term savings from sustainable energy investments. Conversely, ignoring the costs associated with maintaining and upgrading the grid to accommodate renewables can lead to unrealistic expectations and frustration.
The US defends its oil and gas expansion despite climate finance promises
The Biden administration promises to lead global climate finance efforts, yet faces criticism for expanding oil and gas production amid its climate goals.
In short:
- The US promises to lead in climate finance but does not specify the amount to be provided to poorer countries.
- John Podesta, Biden’s top climate official, supports the expansion of US oil and gas production due to the high demand for non-Russian energy sources.
- Podesta highlights the stark contrast between Biden and Trump on climate commitments and the need for other major economies to contribute more.
Key quote:
"The US is now the number one producer of oil and gas in the world, the number one exporter of natural gas, and that’s a good thing."
— John Podesta, senior adviser to Joe Biden on international climate policy
Why this matters:
The U.S. continues to expand its fossil fuel infrastructure. New oil and gas projects, including pipelines and drilling operations, are moving forward, driven by economic interests and energy security concerns. This expansion poses a significant challenge to meeting climate targets, as fossil fuels remain the largest source of greenhouse gas emissions.
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