Soaring Energy Prices Are Bad News For Biden’s Ambitious Climate Plan

Soaring Energy Prices Are Bad News For Biden’s Ambitious Climate Plan

OilPrice.com

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President Joe Biden’s climate plan has become increasingly difficult to sell to a divided Congress amid a global energy crunch that has sent oil, natural gas, and coal prices rallying and gasoline prices in America jumping to the highest level in seven years.    The Biden Administration wants to shift America’s power generation to 100-percent carbon pollution-free sources by 2035 and make the United States a net-zero emissions economy by 2050 with climate packages aimed at incentivizing renewable energy sources and transport…

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