Where will the juice come from to power the electric vehicles that environmentalists want so badly? Or to support the build-out of data centers and other technologies that require huge amounts of electricity?

More than 80% of the world’s energy today comes from hydrocarbons. While Biden’s Inflation Reduction Act will help to reduce that dependence, its impact will be felt only over a period of years. Meantime, demand for energy keeps increasing, and the preferred forms of “green” power, namely wind and solar, can’t be scaled up fast enough to meet the need.

For Biden’s political opponents, the LNG policy is a good example of why a change at the top is needed. Speaking at the recent Futures Industry Association conference in Florida, Mike Sommers, head of the American Petroleum Institute, put it bluntly: “I cannot think of a worse policy decision. It needs to be reversed as soon as possible. Natural gas is the transition.”

At the same conference, Citadel founder (and former Illinoisan) Ken Griffin was even more emphatic about the Biden LNG policy: “What did we say to the world? Keep burning coal. It’s absolutely mind-blowing to me.”

We think Sommers and Griffin are correct on this issue.

Biden’s sop to the far-left not only is self-defeating from an environmental standpoint, but it’s a convenient gift to Vladimir Putin’s Russia on the diplomatic front.

This roadblock to progress, this impediment to a thoughtful global transition, needs to be dropped today.

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