Today news
About the same in other media
How High Energy Prices Could Help Both the Climate and the U.S.
Reading now: 265
wsj.comThe surge in global energy prices triggered by Russia’s invasion of Ukraine sure doesn’t seem like any sort of blessing. It has driven up inflation, squeezed household budgets and battered President Biden’s approval ratings.
And yet for Mr. Biden, there may be a silver lining. Higher prices, if sustained, could reduce global fossil-fuel consumption and encourage the shift to zero-emission energy. At the same time, sanctions and boycotts on Russia pave the way for U.S. oil-and-gas producers to expand market share. They may thus provide Mr. Biden a pathway to both combat climate change and promote the U.S. oil-and-gas industry.
Read more on wsj.comAbout this in other media
France election: When is it? How does it work? Who's running? Who's leading the race? euronews.com /2 years ago
‘Major misjudgment’: how the Tories got their energy strategy so wrong theguardian.com /2 years ago
Climate change could cost U.S. $2 trillion each year by the end of the century, says White House cnbc.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
