How hating Big Oil undermines the environment
Today’s progressives like to imagine they're clever when it comes to engineering a carbon-free future. Yet when we look at the record, we see green policies yielding self-defeating public backlashes. The effort by California’s legislature to ban all gas-powered vehicles by 2035, for example, has wreaked havoc on the state’s economy. It's produced not only the nation’s highest energy prices and last summer’s rolling blackouts but the need to import expensive electricity from neighboring states. And while European governments would like to blame Vladimir Putin’s war on Ukraine for their countries’ high energy costs, angry voters know that prices began spiking years ago, when green activists forced the shutdown of coal plants across the continent.