Does the US Have an Energy Crisis or Energy Policy Crisis?
INTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE.
Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Diana Furchtgott-Roth.
President-elect Trump said he will declare a national energy emergency on Day 1. Emergency is the threat to normal people.
Biden’s regulations have caused prices of electricity and transportation to rise, raising inflation. He has made China stronger and America weaker.
Trump’s agenda is to reverse the damage that Biden has caused.
Trump will get rid of the EV mandate, which raises the price of normal cars.
Trump will reverse the California waiver, which allows California to set standards in automobiles for the rest of the country.
Trump will do away with incentives for wind and solar, which reduce production of electricity from natural gas and sends electricity bills higher.
This drives up inflation, disproportionately hurting poor people, small business, and farmers.
Trump will end the ban of new natural gas exports, which hurts our allies.
Climate change measures make China stronger and America weaker, and send American jobs to China.
Europe’s manufacturing sector is closing down due to climate change measures.
Germany used to be renowned for its industry, but German industry expects a 3% fall in production in 2024, the third year of decline, with no recovery in sight for 2025. The auto industry is laying off workers due to cheap Chinese EV imports.
According to a statement, “Diana Furchtgott-Roth is director of the Center for Energy, Climate, and Environment and the Herbert and Joyce Morgan Fellow in Energy and Environmental Policy at The Heritage Foundation. She is an Oxford-educated economist, a frequent guest on TV and radio shows, and a columnist for Forbes.
“Diana worked in senior roles in the White House under Presidents Reagan, George H.W. Bush, and George W. Bush. She has served as Deputy Assistant Secretary for Research and Technology at the U.S. Department of Transportation; Acting Assistant Secretary for Economic Policy at the U.S. Department of Treasury; Chief Economist at the U.S. Department of Labor; Chief of Staff of the President’s Council of Economic Advisers; and Deputy Executive Secretary of the White House Domestic Policy Council.
“Diana is the author or coauthor of six books and hundreds of articles on economic policy, most recently United States Income, Wealth, Consumption, and Inequality (Oxford University Press, 2021). She received degrees in economics from Swarthmore College and Oxford University.”
Connect with Diana Furchtgott-Roth on social media:
LinkedIn: https://www.linkedin.com/in/diana-fr/
X/Twitter: @DFR_Economics
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