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Today we were looking at President Biden
Joe BidenBiden asked Herschel and Mehmet to resign or resign from Defense & National Security US: Russia committed war crime in Ukraine. The New York City mayor lifts vaccine mandate requirements for athletes and performers: report MORESen. Manchin (D.W.Va.), which would support climate policies, and a study sending a worrying signal on 2021s carbon emission.
Rachel Frazin and Zack Budryk were the Hill’s editors. Write to us with tips:[email protected]@thehill.com.
Lets jump in.
Biden sends mixed messages to the oil industry
As it seeks to increase oil production while keeping the industry at arms’ length, the Biden administration is sending mixed messages to the oil and natural gas industry.
The U.S. government has asked U.S. oil- and gas producers to drill more, as Russia’s invasion of Ukraine has driven gasoline prices higher. But it has also taken a hostile tone, blaming industry for not bringing the prices down fast enough.
The story so far:The industry is under scrutiny by progressives, a significant segment of President Biden’s electoral base.
Morgan Bazilian from the Colorado School of Mines said that messaging has been all over, and that it is confusing.
It’s not a very effective communication strategy because they send mixed messages to the sector because of the difficulty they have aligning it with their climate policy. However, they also know that the political priority is to talk to voters about the gasoline price.
Energy Secretary Jennifer Granholm
Jennifer GranholmUS – Saudi tensions make it difficult to push for more oil. Rising gas prices cause tensions within Democratic Party. Overnight Energy & Environment Biden is calling for a faster drop in gas prices.called on oil companies and other oil companies to drill for additional oil in the short-term. The administration also said it would release 30,000,000 barrels of oilfrom its Strategic Petroleum Reserve.
HOW DOES THE ADMINISTRATION ACT TO RESOLVE THIS PROBLEM?
In an apparent effort to reduce Europe’s dependence on Russian fuel, the Energy Department granted two facilities permission to export more natural gas last week.
The administration met this week with executives from oil and clean energy, as well as CEOs from other industries, to discuss the conflict in the Middle East.
Frank Macchiarola from the American Petroleum Institute was the senior vice president for policy, economics, and regulatory affairs. He made the remarks last week, calling some of the recent actions encouraging signs to the industry.
Macchiarola stated that we recognize that the administration has in recent days changed their rhetoric about the need for more supply in the United States.
He said, however, that some of its statements continue to point fingers and not work towards solutions.
Biden last week criticized the industry for not bringing down prices fast enough.
Learn more about the push by clicking here
Manchin outlines goals for energy policy
Sen. Joe Manchin
Joe ManchinManchin outlines the energy policy objectives. War means that Biden needs a more powerful energy plan. White House celebrates 12 year anniversary of signing Affordable Care Act.(D-W.Va.), an important swing vote in Senate, laid out Wednesday some energy policies he supports.
During the Paris meeting of the International Energy Agency (IEA), Manchin proposed a tax credit for clean manufacturing, known as 48C. He also suggested legislation that would replace fossil fuels with advanced nuclear power.
People in states like mine that have been hardest hit by the energy transition want meaningful work. They are looking for help and not just a handout, stated Manchin, chairman of the Senate Energy & Natural Resources Committee.
What other causes does he support?He also supported hydrogen energy as well as carbon capture technology still in development that would prevent climate-warming gasses from fossil fuels from entering the air.
He also reiterated his recent doubts about a transition to electric vehicles. This transition has been promoted by the Biden administration, House and Senate Democrats, and the Climate and Social Spending Bill that passed the House, but was stalled in the Senate by Manchin.
He said that he was very concerned about the supply chain. I am very worried about China’s ability supply the resources necessary to make that transition happen.
Manchin’s comments indicate that he is open to negotiations on a broader package.
E&E News reported Wednesday that Manchin is hoping for a deal during the April and May Senate work periods on a slimmed-down climate and social spending bill. However, it is still in its early stages.
Learn more about Manchins remarks.
Globe has less than ten years to prevent warming: study
According to a new study published by Nature Reviews Earth & Environment, carbon emissions fell sharply in 2020 because of the COVID pandemic. However, a subsequent surge wiped away any time the decrease might have been worth, according to a study.
The pandemic’s first year saw emissions drop 11 percent due to the halting of many activities. They rose 4.8 percent in 2021 after restrictions were lifted. This was compared to 2020. Climate change is primarily caused by greenhouse gas emissions, including carbon dioxide.
1.5 degrees Celsius has been identified by international governments as the temperature rise that must be controlled to avoid long-term disaster.
The so-called carbon budget measures how much emissions scientists believe can be released before the 1.5 degree threshold is reached. The 2021 increase in emissions took 8.7% of the carbon budget that was left to limit anthropogenic global warming to 1.5. [degrees]The study estimates that 67% of the potential unused funds could be used up by 9.5 years, if current trajectories are continued.
The fact that emissions from many of the most polluting sectors have experienced a faster recovery than general emissions is especially alarming. The report shows that the power sector saw its emission increase by 5%, while the ground transport industry saw 8.9 percent growth.
The aviation industry saw the largest single sector rebound, with a 25.8 % domestic increase and an 18.1% international rebound.
The U.S. and China, two of the world’s largest emitters, saw a greater rebound than the global average. According to researchers, the rebound in Chinese emissions was 5.7 percent and that of the United States was 6.5 percent.
Find out more about the study.
WHAT WE ARE READING
ICYMI
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