• Privacy Policy
  • About Us
  • Contact Us
Climate Change Dispatch
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us
No Result
View All Result
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us
No Result
View All Result
Climate Change Dispatch
No Result
View All Result

Biden’s War On Fossil Fuels Helps Putin, As Ukraine Crisis Shows

by WSJ Editorial Board
February 28, 2022, 10:45 AM
in News and Opinion
Reading Time: 4 mins read
A A
2

russian lng tankerRussia’s invasion of Ukraine is a 3 a.m. wake-up call to President Biden and America’s liberal political class: Cease your war on U.S. energy. [bold, links added]

Europe’s climate obsessions have rendered it vulnerable to Vladimir Putin’s extortion, and the U.S. is in danger of repeating that tragic mistake.

No less than Igor Sechin, CEO of Russia’s state-owned Rosneft, warned Europe last summer:

“Some ecologists and politicians urge for a hasty energy transition, yet it requires an unrealistically fast launch of renewable energy sources and faces issues with storage, ensuring reliability and stability of power generation.”

Europe’s hefty renewable subsidies have rendered nuclear and coal power economically uncompetitive.

Governments have also forced loads of nuclear and coal plants to retire prematurely, believing wind and solar could replace them. Hello? Renewables don’t provide reliable power 365 days a year, 24 hours a day.

Europe has been left to rely increasingly on natural gas to keep the lights on. But governments have effectively banned hydraulic fracturing, which would have let them charge their economies with domestically produced gas.

Europe now imports almost all of its gas, with 40% coming from Russia.

The sluggish wind last summer sent natural gas demand and prices soaring. Some manufacturers had to shut down. Then Russia slowed gas deliveries, limiting Europe’s supply heading into the winter. Strategic advantage: Putin.


The Biden Administration has been left scrambling to supply gas for Europe amid Kremlin threats to cut off supply.

Shippers have redirected liquefied natural gas (LNG) cargos to Europe from Asia. Asian economies have shifted to burning more coal.

In other words, Europe has reduced its CO2 emissions by outsourcing them.

Europe’s anti-carbon policies will have zero impact on global emissions. China has six times more coal power under development than all of Germany’s coal-fired capacity.

China has promised to reduce emissions before 2030, but if you believe that, Mr. Putin has a promise of peace to sell you.

Mr. Biden ought to be exploiting America’s homegrown energy advantage. Instead, he has spent a year disarming a la Europe.

He has suspended leases in Alaska’s Arctic National Wildlife Refuge, halted oil and gas leases on federal land, and killed the Keystone XL pipeline, which would have helped Canada develop its oil sands.

Green groups and Democratic states have compounded the masochism by obstructing new pipelines, thereby limiting the development of LNG export facilities, especially on the Atlantic Coast.

In 2018 the Northeast had to import Russian LNG owing to a shortage of pipeline capacity. Mr. Putin can thank Andrew Cuomo, New York’s deposed Governor, for that.

The pandemic caused U.S. production to fall as demand and prices plunged. But crude prices have exceeded the break-even point for most oil plays since December 2020.

U.S. oil production is nonetheless 1.5 million barrels a day below the pre-pandemic peak and 15% below the Energy Information Administration’s late 2019 forecast.

Production has increased in the Permian Basin, where break-even is about $35 per barrel. But the oil-and-gas giants have slashed investment in other plays and redirected money to subsidized renewables.

Companies respond to political signals as well as prices, and they have to consider long-term risks and returns.

Democrats have promised higher taxes on oil and gas—including $100 billion in Build Back Better—as well as new regulatory burdens that will reduce their return on capital.

Blackstone, the private equity firm, is blacklisting new oil and gas investment, Bloomberg reports.

“It’s not a moral or ethical stance,” said Blackstone’s Environmental, Social and Governance (ESG) global head Jean Rogers. “It is reading the signals in the market.” Well, yes.

Energy CEOs aren’t conspiring to fatten profits. Prices respond to fluctuations in supply and demand as well as market expectations.

Crude prices surged this past year because production hasn’t kept pace with demand. “The world risks a severe deficit of oil and gas,” Rosneft’s CEO noted last summer. “The world consumes oil, but isn’t ready to invest in it.”

He’s right—at least about the West. Russia is investing heavily to develop its oil and gas resources, especially in the Arctic.

And guess who benefits from high prices? Oil at $100 a barrel funds the cruise missiles hitting Kyiv. Mr. Putin will be the victor of the self-defeating U.S. war on fossil fuels.

The casualties will be hundreds of millions of Americans, forced to pay more for energy that will become less reliable. Higher energy prices will crimp economic growth and standards of living.

If Ukraine’s strategic shock doesn’t awaken Democrats to this reality, Republicans need to bang voters on the head with it every day through Nov. 8.

Read more at WSJ

  • Truth
  • Twitter
  • Facebook
  • LinkedIn
  • Gettr
  • Threads
  • gab-logo Gab
  • Mastodon
  • Buffer
  • Telegram
  • Email
  • Copy Link
  • Share Using More Networks…

Popular Posts

Electric Vehicles (EVs)

The ‘Green’ Scam Of The Century: How ‘Renewables’ Increase Fossil Fuel Demands

Oct 23, 2024
News and Opinion

Antarctica Is Colder, Icier Today Than At Any Time In 5,000 Years

Apr 15, 2024
Energy

30-Plus Signs That The Climate Scam Is Collapsing

Apr 09, 2025

Comments 2

  1. Spurwing Plover says:
    4 years ago

    Biden is just about to shoot himself in the foot again him and the M.S. Media are doing it so are the Greens

    Reply
  2. Sonnyhill says:
    4 years ago

    It’s ironic that the we are facing starvation, not because of climate change, but climate change policy.
    Natural gas is the prime ingredient of nitrogen fertilizer. The process requires electricity. What has happened is that nitrogen fertilizer production was shut down because nat gas and electricity became scarce and too expensive. You can’t grow wheat or corn or cotton without nitrogen fertilizer.

    Reply

Comments are welcome! Those that add no discussion value may be removed.Cancel reply

Stay Connected On Social Media

gab-logo

Donate Today

Beating back the alarmist narrative takes time and money. Please donate today to help!

Recent Posts

  • oil rig drillAmerica’s Energy Boom Exposes The Folly Of Britain’s Net Zero Disaster
    Oct 3, 2025
    America’s energy boom and policy flexibility are widening the economic gap with Britain, where high prices and net zero goals are stalling growth. […]
  • Arctic sunsetNew Study Shows Arctic Sea Ice Decline Slowing, Driven More by Natural Variability Than Emissions
    Oct 3, 2025
    New study shows Arctic sea ice decline has slowed since 2012, driven more by natural variability than greenhouse gas emissions. […]
  • Attorney General Rob BontaNewsom Backs Off Climate Fight As AG Bonta Doubles Down On Suing Energy Firms
    Oct 3, 2025
    Two years after launching a high-profile climate lawsuit, Newsom is backing off while AG Rob Bonta doubles down on lawfare against major energy firms. […]
  • Farm irrigationMeteorologist Debunks Reuters’ Claim That Climate Change Threatens Europe’s Resources
    Oct 2, 2025
    Data show Europe’s droughts, weather, and biodiversity issues stem from mismanagement, not climate change, despite alarmist media claims. […]
  • Russ VoughtTrump Nixes $8B In ‘Green New Scam Funding’ In NYC, Blue States
    Oct 2, 2025
    Trump DOE halted billions in green energy projects citing poor economics, DEI hiring, and weak energy impact, sparking backlash in blue states. […]
  • SherrillRising Energy Costs And Dem Green Policies Top Of Mind In NJ Gubernatorial Race
    Oct 2, 2025
    New Jersey voters face rising energy costs as Democratic green policies and offshore wind expansion drive utility bills higher. […]
  • Hochul's green stringsHochul’s Election-Year ‘Inflation Refund’ Checks Can’t Cover Costs Of Her Green Agenda
    Oct 2, 2025
    Hochul’s election-year ‘inflation refund’ checks won’t offset the soaring living costs and utility hikes her green-energy agenda created. […]
  • South Asia monsoonSouth Asia Monsoons Not Becoming More Dangerous From Climate Change, Data Confirms
    Oct 1, 2025
    Claims that climate change is making South Asia’s monsoons more extreme ignore history, data, and other major causes of flooding. […]
  • wildfire carsRick Scott Wants Answers On What California Did With Federal Wildfire Funds
    Oct 1, 2025
    Sen. Rick Scott is demanding answers on how California spent federal money earmarked for preventing and fighting wildfires. […]
  • Biden test driving an all-electric Ford F-150.Ford CEO Warns U.S. EV Sales Could Halve After Federal Subsidies End
    Oct 1, 2025
    Ford warns U.S. electric vehicle sales could drop as much as 5% after the $7,500 taxpayer-funded federal subsidies expire in a month. […]

Get Instant Email Notifications

Subscribe to receive a digest of daily stories, or get emailed once they're published. Check your Junk/Spam folder for a verification email.

Submit a tip

Please enter your email, so we know you're human.

Books You May Like

very convenient warming

exposing great lie

Have a suggestion? Let us know! We swap out books based on your input. We participate in the Amazon Services LLC Associates Program. See here.

  • About
  • Privacy Policy
  • Contact Us

© Portions copyright Climate Change Dispatch

No Result
View All Result
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us

© 2025 Climate Change Dispatch

Share via
  • Facebook
  • Like
  • Twitter
  • Pinterest
  • LinkedIn
  • Digg
  • Tumblr
  • VKontakte
  • Print
  • Email
  • Reddit
  • Buffer
  • Love This
  • Weibo
  • Pocket
  • Xing
  • Odnoklassniki
  • WhatsApp
  • Meneame
  • Blogger
  • Amazon
  • Yahoo Mail
  • Gmail
  • AOL
  • Newsvine
  • HackerNews
  • Evernote
  • MySpace
  • Mail.ru
  • Viadeo
  • Line
  • Flipboard
  • Comments
  • SMS
  • Viber
  • Telegram
  • Subscribe
  • Facebook Messenger
  • Kakao
  • LiveJournal
  • Yammer
  • Edgar
  • Fintel
  • Mix
  • Instapaper
  • Copy Link
  • Truth
  • gab-logo Gab
  • Gettr
  • Baidu
  • Mastodon
  • Threads
  • Bluesky
Share via
  • Digg
  • Tumblr
  • VKontakte
  • Print
  • Email
  • Reddit
  • Buffer
  • Love This
  • Weibo
  • Pocket
  • Xing
  • Odnoklassniki
  • WhatsApp
  • Meneame
  • Blogger
  • Amazon
  • Yahoo Mail
  • Gmail
  • AOL
  • Newsvine
  • HackerNews
  • Evernote
  • MySpace
  • Mail.ru
  • Viadeo
  • Line
  • Flipboard
  • Comments
  • SMS
  • Viber
  • Telegram
  • Subscribe
  • Facebook Messenger
  • Kakao
  • LiveJournal
  • Yammer
  • Edgar
  • Fintel
  • Mix
  • Instapaper
  • Copy Link
  • Truth
  • gab-logo Gab
  • Gettr
  • Baidu
  • Mastodon
  • Threads
  • Bluesky