Biden’s Energy Plan Will Harm US Allies and Help Russia Against Ukraine

Other News, Politics
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The White House, CC BY 3.0 US, via Wikimedia Commons


Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Diana Furchtgott-Roth.

Price and Diana Furchtgott-Roth describe Biden’s bizarre energy policy and its potentially dangerous implications for the US and the world.

The case against Biden’s new energy plan will have a negative impact on the economy both in the US and among its allies. The sale of natural gas to Europe is a major source of revenue for the United States, and that suspending the sale of natural gas will cost jobs and hurt the economy. They also argue that the decision will make Europe more reliant on China’s coal, since Russia has suspended the sale of natural gas to Europe. All this provides international security and environmental dangers.

The Biden administration has said that it is committed to working with Europe to find alternative sources of energy, and that it will not leave Europe in the lurch. However, it is unclear what these alternative sources of energy will be, and how long it will take to develop them.

According to a statement, “Diana Furchtgott-Roth is director of the Center for Energy, Climate, and Environment and the Herbert and Joyce Morgan Fellow in Energy and Environmental Policy at The Heritage Foundation. She is an Oxford-educated economist, a frequent guest on TV and radio shows, and a columnist for Forbes.

“Diana worked in senior roles in the White House under Presidents Reagan, George H.W. Bush, and George W. Bush. She has served as Deputy Assistant Secretary for Research and Technology at the U.S. Department of Transportation; Acting Assistant Secretary for Economic Policy at the U.S. Department of Treasury; Chief Economist at the U.S. Department of Labor; Chief of Staff of the President’s Council of Economic Advisers; and Deputy Executive Secretary of the White House Domestic Policy Council.

“Diana is the author or coauthor of six books and hundreds of articles on economic policy, most recently United States Income, Wealth, Consumption, and Inequality (Oxford University Press, 2021). She received degrees in economics from Swarthmore College and Oxford University.”


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