What Biden has done is to cut the issuance of drilling leases to the minimum required by law, pass the Inflation Reduction Act, enact a regulation to force vehicle electrification, and similarly force fossil fuels out of most power plants.

What Biden has not done: stop issuing drilling permits or impose export restrictions on fossil fuels. The former has some serious limits because of how the courts treat the right to drill as a property right once you hold a drilling lease, and the latter is simply untested.

  • @Venat0r
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    91 year ago

    The scariness multiplied by the probability of it happening maybe…