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I find Biden's position on this to be odd given that he also agreed to a Russian oil pipeline recently (see https://nypost.com/2021/05/26/biden-waiving-sanction
by throwawaysea 5y ago
I find Biden's position on this to be odd given that he also agreed to a Russian oil pipeline recently (see https://nypost.com/2021/05/26/biden-waiving-sanctions-on-russian-pipeline-because-its-finished/ https://nypost.com/2021/05/26/biden-waiving-sanctions-on-rus... or https://www.cnn.com/2021/05/25/politics/biden-defends-decision-russian-gas-pipeline/index.html https://www.cnn.com/2021/05/25/politics/biden-defends-decisi...). The reality is we need oil. It is energy dense and supports a significant portion of our economy and individual lives. Oil pipelines can have spills, but they are comparatively rare. Now this oil will be transported through some other means, at a higher cost to consumers, with potentially greater environmental risk.
I am also deeply concerned that the withdrawal of permits signals an extreme degree of instability in America's business environment, which future investors and entrepreneurs have to now think about. Why would anyone invest here if they can't be sure what the government will allow or disallow next, especially with the fast-moving leftward political shift? A weaker business environment has numerous secondary implications. If the US economy is weaker, while other economies are getting stronger, our influence in the world will be impacted (economically, militarily, culturally).
- useragent86 5y ago> If the US economy is weaker, while other economies are getting stronger, our influence in the world will be impacted (economically, militarily, culturally). To many people, that's a feature, not a bug. (The CCP being one of them, of course. The implications of domestic powers aligning with the CCP are left as an exercise for the reader.)
- deleted 5y ago[deleted]
- kelnos 5y ago> I find Biden's position on this to be odd given that he also agreed to a Russian oil pipeline recently It's a gas pipeline, not an oil pipeline, which is very different. > The reality is we need oil. The reality is that we need -- and for the most part have -- cleaner sources of energy. Whether or efforts to kneecap supply is a good move right now is certainly up for debate. > Now this oil will be transported through some other means, at a higher cost to consumers, with potentially greater environmental risk. That's true, and is not great. But if you make oil more expensive, cleaner alternatives become more attractive. > I am also deeply concerned that the withdrawal of permits signals an extreme degree of instability in America's business environment To be fair, this particular permit had a clause saying it could be revoked at any time by the sitting president. And another poster points out (haven't had a chance to verify) that this particular pipeline has been opposed for over a decade, even during the Trump administration, with the permit approval essentially happening for political reasons.
- wernercd 5y agoOdd? democrats are hypocrites. No wall for Americans yet they pay for walls in other countries. Trump is a racist for saying don't immigrate here illegally? Harris is ignored for worse. Democrats demand infrastructure and oppose obstruction... yet did nothing when Trump wanted it and obstructed him at every step. The list goes on and on... Biden isn't odd... he's a hypocrite. He's a democrat. But I repeat myself.