10/02/2024 | Press release | Distributed by Public on 10/02/2024 09:43
Recently, Alex Epstein released a blog post in advance of the House Budget Committee hearing on the Cost of the Biden-Harris Energy Crisis. The article, titled "12 Myths that Government-Dictated Green Energy is Cheaper than Fossil Fuels," debunks misleading and inaccurate claims that green energy is beneficial to taxpayers.
Green energy policies restrict the use of cost-effective fossil fuels while lavishing substantial subsidies on renewable energy. These policies, which the Biden-Harris Administration champions,have increased inflation and energy costs and decreased the reliability of U.S. energy.
In order to debunk the false claims on green energy spending, Alex Epstein responded to myths that Democrats commonly cite as fact.
Word on the Street:
Alex Epstein, Via Energy Talking Points:
The Bottom Line:
The energy industry in the United States employs 10 million people with high-wage jobs and accounts for almost 10 percent of our total economy. Despite its crucial importance to our economy, the Biden-Harris Administration has taken a "whole-of-government" approach to regulate traditional and reliable domestic energy sources out of existence. According to the Institute for Energy Research, this administration has rolled out over 250 executive actions that harm the U.S. energy industry.
The U.S. ranks number one in the world for the most recoverable oil reserves yet the average American family pays over $1,700 extra per yearfor energy under the current Administration. Gasoline prices alone are up 40.7 percent since Biden and Harris took office. Americans cannot afford the stifling regulations and costly policies of the Biden-Harris Administration.
The House Budget Committee will continue toSound the Alarmon the reckless spending habits of the Administration. Energy costs are rising, and our debt continues to snowball out of control. The national debt currently sits at a staggering $35.33 trillion. This equates to $105,482 per person in the United States.
Read more about the hearing HERE.
Watch Chairman Arrington talk about the Biden-Harris energy crisis on Mornings with Maria HERE.