Energy

Bill Nye Thinks It’s ‘Very Bad News’ Gas Is Cheap

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Michael Bastasch Energy Editor

Bill Nye the “Science Guy” once again took to Twitter to spout doom and gloom about global warming, this time lamenting how gasoline is too cheap.

Nye, who’s not actually a scientist and is best known for hosting a science show, says it’s “very bad news” gasoline is selling for less than $2 a gallon — he tweeted out a picture of a gas pump where you could buy fuel for $1.68 a gallon.

Nye’s not the first to lament how cheap oil, gas and coal have gotten since summer 2014 — when oil was more than $100 a barrel. One of the world’s top energy authorities told reporters cheap energy was endangering the fight against global warming.

“I believe low energy prices may complicate the transformation, to be very frank,” Fatih Birol, the executive director of the International Energy Agency, told reporters in Brussels Thursday, “and this is a very important issue for countries to note; all the strong renewables and energy efficiency policies therefore may be undermined with the low fossil fuel prices.”

Environmentalists and left-leaning politicians need oil, coal and natural gas prices to be high in order to make green energy projects seem more economic than they actually are. Often governments do this by imposing taxes on fossil fuels or carbon dioxide emissions.

In the U.S., federal regulators are mandating power plants emit less CO2. Policymakers have also offered a slew of subsidies to make green energy attractive to investors.

No matter how governments make energy more expensive, it’s poor people who are hurt the most.

A 2014 report by the Pacific Research Institute found black households in Ohio would spend an extra $408 every year in higher energy costs because of the EPA’s plan to cut carbon dioxide emissions from power plants.

“It’s the green movement’s new Jim Crow law,” Deneen Borelli, outreach director at FreedomWorks, told The Daily Caller News Foundation in 2014.

“These harmful regulations are going to drive blacks into government dependency,” said Borelli, who is an African American. “By harming the fossil fuel industry, you’re harming hard-working Americans.”

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