OPINION: Biden's strident green energy push is really energy destruction that hurts Americans
Fox News chief Washington correspondent Mike Emanuel reports on farmers’ reaction to solar farms on ‘America Reports.’The fossil fuel divestment movement is spreading across college campuses. Most recently, students at the University of Washington staged a sit-in to urge the university administration toLast year, Harvard University – which has the largest fossil fuel endowment in the country – announced plans to divest from the industry after its student body protested.
The fossil field divestment movement, and those who support it, have no real plan for the aggressive clean energy transition they propose. Not only do fossil fuels still make up 60% of American energy, but a new report from the American Petroleum Institute shows that the industry supports nearly 11 million jobs and contributes more than 7% of the U.S. GDP.
that fossil fuels aren’t going away anytime soon during his 2023 State of the Union address. Instead of pushing for unrealistic divestment that would deeply hurt local communities and our nation’s energy security, we should prioritize producing energy from fossil fuels in the cleanest, most environmentally responsible way possible while simultaneously ramping up renewable energy production.
The American oil and gas industry produces energy with some of the highest environmental standards and close to the least carbon intensity in the world. If our major institutions divest from fossil fuels and handicap the industry, fossil fuels won’t go away. Other countries will simply produce fossil fuel energy in a dirtier way. This is not to say that clean energy – or an energy transition as a concept – is not important.
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