U.S. Hydrocarbon Imperialism: The Lack Of Global Vision In Biden’s Climate Policy, And What He Should Do About It

U.S. Hydrocarbon Imperialism: The Lack Of Global Vision In Biden’s Climate Policy, And What He Should Do About It

President Biden's new policy changes for oil and gas producers will not reduce U.S. carbon emissions nor solve the U.S. climate crisis. Why not? The policy changes do not address consumer behavior. It is not the oil and gas companies but consumers who burn the hydrocarbons. U.S. consumers ride their Pelotons and drive massive pickup trucks while billions of people around the world lack electric lights and rely on bicycles their primary transportation. 

Let's put it in perspective. As long as the U.S. consumer soldiers on with hydrocarbon consumption “” the Carbon Addiction “” the carbon footprint of America, will increase. We will import oil and gas while we export the greenhouse gas emissions of producing that oil to less fortunate nations, and let's name it for what it is: Hydrocarbon Imperialism.

President Biden's scattershot climate policy actions to date will prove to be unproductive. Eliminating oil and gas leasing on federal lands and expanding on President Trump's ban of offshore federal leases in the Gulf of Mexico and off the Atlantic coastline simply forecloses potential resources.  Stopping the Keystone XL pipeline has no impact on the current world oil market (the Canadian crude will go by rail instead). But changing the economic terms for the domestic oil industry harkens