Bloomberg’s Energy Policy Makes Sense For A Billionaire. Does It Make Sense For You?

  • Date: 18-Feb-2020
  • Source: Forbes
  • Sector:Oil & Gas
  • Country:Egypt
  • Who else needs to know?

Bloomberg’s Energy Policy Makes Sense For A Billionaire. Does It Make Sense For You?

Bloomberg's campaign website includes a section about "Climate Change," but no separate section about energy production or the energy industry.. In Bloomberg's opinion, it would also be helpful to stop using natural gas for heating, cooking etc.. If Bloomberg's plan is to compel new standards for new construction and necessary updates, it will be expensive for American citizens.. If homes must include these components meant to mitigate greenhouse gases, those homes will be more expensive.. For the vast majority of Americans, "pollution-free homes and buildings" may be too expensive.. Part of Bloomberg's policy appears to be shifting away from natural gas as a fuel for heating and cooking within buildings.. If Bloomberg's goal is cutting greenhouse gas emissions in the U.S., this could be a step, but only if the electric grid is capable of handling the increased demands which would be placed on it..