Opinion

PATEL: The Left Is About To Pay For Their Energy Insanity

(Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)

Neil Patel Co-Founder and Publisher, The Daily Caller
Font Size:

Most politicians and activists have strong views on every political issue. Those views grow from their fundamental political philosophies and beliefs. The best politicians know how to balance their political ideals with a keen watch on how they affect the lives of everyday Americans — those who voted them into office. Go too far with your ideological preferences in the face of evidence that it’s hurting the American people, and you will not go far in politics. The Democratic Party seems poised to take a beating for forgetting this fundamental maxim when it comes to energy and climate change. They feel so strongly about the issue that many have lost touch with reality. They have entered a sort of make-believe world. The coming election is going to bring them back to reality.

Republicans are not immune to ideological overstepping. Republicans in general believe in the private sector. They believe that free markets offer more benefits for society than government spending and mandates. The theory has proven correct far more than it hasn’t, but not always. When a so-called private sector line of business becomes so corrupt, so dominated by Washington political favoritism, and so mismanaged that it’s offering worse products and worse prices than government options, then even limited-government free market activists need to take notice. Those who don’t will pay a political price. The private student loan industry is a prime example. Created and supported by Republicans, it became so corrupt and so mismanaged that eventually it was impossible to defend. The few who tried paid a political price. 

On climate change, the Democrats face a similar dilemma, except with politically apocalyptic consequences. Student loans are important; they affect a lot of people. Energy is different; it affects everyone. Skyrocketing energy prices cause widespread economic disruption. In the extreme, they lead to starvation, heat stroke, freezing and death. It’s not a policy area you can get wrong. Yet American and global policymakers have deliberately done just that. The left’s energy policies make zero sense. 

WASHINGTON, DC – JULY 20: U.S. Rep. Alexandria Ocasio-Cortez (D-NY) speaks at a press conference urging the inclusion of the Civilian Climate Corps., a climate jobs program, in the budget reconciliation bill, outside of the U.S. Capitol on July 20, 2021 in Washington, DC. (Photo by Kevin Dietsch/Getty Images)

Clean energy is a worthy goal overshadowed by lofty expectations that outpace the pragmatism of working people. For large segments of the left, the climate change issue has become more like a religion than a policy debate. Pesky facts like technological limitations and costs are thrown aside in favor of magic. “Ban fossil fuels and utopia will follow” is essentially the mindset. (RELATED: Democrats Look To Sustainable Investing Craze As Means For Pushing Climate Agenda)

In the real world, you have to take into account technological limitations, costs and other trade-offs. Transitioning energy production too fast can cause real present-day harm. The rich can afford to ignore high prices, slower economic growth and a reduction in national security. 

President Joe Biden campaigned on “getting rid of” fossil fuels. If there were economically efficient alternatives that would allow this to happen without slamming American families and harming America’s national security, that would be a less radical thing to say. Those things do not exist at scale today.

America became energy independent during the Trump years. This energy independence brought huge advantages. First, America’s fracking boom and the massive expansion of natural gas production that came with it lowered carbon emissions more than any regulation. Second, American energy independence changed the national security dynamic with respect to huge energy-exporting countries in the Middle East and Russia. Finally, the lower energy prices that followed led to massive economic and manufacturing growth. Many dormant small towns in America literally came alive as a result. 

Throwing all this away without an adequate and, importantly, cheaper alternative in place is almost unimaginable from a policy perspective, but that’s exactly what happened. By promoting so-called Environmental, Social and Governance, or ESG, investment standards to choke off fossil fuel investments, by canceling pipelines, and by limiting federal oil and gas leasing, the left has reduced American energy production and left America vulnerable to the rest of the world. All this has come with very little emissions benefit to boot. It has just enabled Russia, Saudi Arabia and others to displace American fossil fuel production with their own foreign fossil fuel production. The result? From Biden’s inauguration to the onset of the war in Ukraine — before the much-discussed “Putin price hike,” in other words — American gas prices went up nearly 50%. Those prices are up another 15% on top of that since the war began. 

Saudi Foreign Minister Prince Saud al-Faisal (2nd R) welcomes US Vice President Joe Biden (C) at the Riyadh airbase on October 27, 2011, upon his arrival in the Saudi capital with a US official delegation to offer condolences to the King Abdullah bin Abdul Aziz following the death of his brother, Crown Prince Sultan. (Photo credit AFP via Getty Images)

There have been huge technological strides in solar, wind and other renewable power sources, but primarily due to their intermittent nature and a still-huge gap in energy storage (battery) technology, those forms of energy are not yet ready to make up for lost fossil fuel production without massive extra cost. (RELATED: ANALYSIS: White House Keeps Misleading Public On Oil, Gas Leasing. Here Are The Facts)

Giving away a huge economic and national security advantage is political malpractice. Slowing American energy production while begging the Saudis to increase their own fossil fuel production, as Biden is doing this week, is a botch so foreseeable it should be disqualifying for future leadership. Energy policy under the Biden administration has been insane. With prices booming, everyone now knows it. Those who got us in this mess should prepare to pay a massive political price.

Neil Patel co-founded The Daily Caller, one of America’s fastest-growing online news outlets, which regularly breaks news and distributes it to over 15 million monthly readers. Patel also co-founded The Daily Caller News Foundation, a nonprofit news company that trains journalists, produces fact-checks and conducts longer-term investigative reporting. The Daily Caller News Foundation licenses its content free of charge to over 300 news outlets, reaching potentially hundreds of millions of people per month. To find out more about Neil Patel and read features by other Creators writers and cartoonists, visit the Creators website at www.creators.com

COPYRIGHT 2022 CREATORS.COM

PREMIUM ARTICLE: Subscribe To Keep Reading

Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign Up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!
BENEFITS READERS PASS PATRIOTS FOUNDERS
Daily and Breaking Newsletters
Daily Caller Shows
Ad Free Experience
Exclusive Articles
Custom Newsletters
Editor Daily Rundown
Behind The Scenes Coverage
Award Winning Documentaries
Patriot War Room
Patriot Live Chat
Exclusive Events
Gold Membership Card
Tucker Mug

What does Founders Club include?

Tucker Mug and Membership Card
Founders

Readers,

Instead of sucking up to the political and corporate powers that dominate America, The Daily Caller is fighting for you — our readers. We humbly ask you to consider joining us in this fight.

Now that millions of readers are rejecting the increasingly biased and even corrupt corporate media and joining us daily, there are powerful forces lined up to stop us: the old guard of the news media hopes to marginalize us; the big corporate ad agencies want to deprive us of revenue and put us out of business; senators threaten to have our reporters arrested for asking simple questions; the big tech platforms want to limit our ability to communicate with you; and the political party establishments feel threatened by our independence.

We don't complain -- we can't stand complainers -- but we do call it how we see it. We have a fight on our hands, and it's intense. We need your help to smash through the big tech, big media and big government blockade.

We're the insurgent outsiders for a reason: our deep-dive investigations hold the powerful to account. Our original videos undermine their narratives on a daily basis. Even our insistence on having fun infuriates them -- because we won’t bend the knee to political correctness.

One reason we stand apart is because we are not afraid to say we love America. We love her with every fiber of our being, and we think she's worth saving from today’s craziness.

Help us save her.

A second reason we stand out is the sheer number of honest responsible reporters we have helped train. We have trained so many solid reporters that they now hold prominent positions at publications across the political spectrum. Hear a rare reasonable voice at a place like CNN? There’s a good chance they were trained at Daily Caller. Same goes for the numerous Daily Caller alumni dominating the news coverage at outlets such as Fox News, Newsmax, Daily Wire and many others.

Simply put, America needs solid reporters fighting to tell the truth or we will never have honest elections or a fair system. We are working tirelessly to make that happen and we are making a difference.

Since 2010, The Daily Caller has grown immensely. We're in the halls of Congress. We're in the Oval Office. And we're in up to 20 million homes every single month. That's 20 million Americans like you who are impossible to ignore.

We can overcome the forces lined up against all of us. This is an important mission but we can’t do it unless you — the everyday Americans forgotten by the establishment — have our back.

Please consider becoming a Daily Caller Patriot today, and help us keep doing work that holds politicians, corporations and other leaders accountable. Help us thumb our noses at political correctness. Help us train a new generation of news reporters who will actually tell the truth. And help us remind Americans everywhere that there are millions of us who remain clear-eyed about our country's greatness.

In return for membership, Daily Caller Patriots will be able to read The Daily Caller without any of the ads that we have long used to support our mission. We know the ads drive you crazy. They drive us crazy too. But we need revenue to keep the fight going. If you join us, we will cut out the ads for you and put every Lincoln-headed cent we earn into amplifying our voice, training even more solid reporters, and giving you the ad-free experience and lightning fast website you deserve.

Patriots will also be eligible for Patriots Only content, newsletters, chats and live events with our reporters and editors. It's simple: welcome us into your lives, and we'll welcome you into ours.

We can save America together.

Become a Daily Caller Patriot today.

Signature

Neil Patel