Biden’s Welcome Hypocrisy on Climate Policy
Ted Nordhaus and Payne Institute Director Morgan D. Bazilian write about how the White House is encouraging oil production even as it warns of an existential crisis—giving it room to pursue needed practical solutions. Like many presidents before him, Mr. Biden urged the oil cartel, OPEC, to increase production in hopes of lowering the price of gasoline at the pump. The awkward juxtaposition of these events offers a good window into why climate action has proved to be so difficult, even as the risks associated with continuing climate change have become clearer. August 26, 2021.