Late last year, the disappointing COP26 climate conference was quickly overshadowed by an altogether different energy crisis: The global supply shock

It's not an 'energy' crisis — it's a fossil fuel crisis

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2022-01-12 14:30:18

Late last year, the disappointing COP26 climate conference was quickly overshadowed by an altogether different energy crisis: The global supply shock that drove oil and gas prices through the roof. It was ideally timed for political opportunists and fossil fuel companies eager to make false claims about the costs of shifting to clean energy. Make no mistake: This is not an energy crisis. It is a fossil fuel dependency crisis.

Here in the United States, news reports were focused on pain at the gas pump, but the price spikes go deeper: Utility companies and heating fuel sellers were warning customers to expect to pay significantly more to heat their homes this winter. And all across Europe, a pricey gas crunch  offers a more troubling warning about the global effects.

While gasoline prices have fallen slightly from their recent peaks, the crisis narrative is achieving its goals. Republican politicians (without any evidence) are blaming President BidenJoe BidenMcConnell: Rounds 'told the truth' about 2020 election Abrams thanks Biden for Georgia speech, backs call for Senate rules change Overnight Health Care — Biden officials take heat at Senate hearing MORE ’s climate priorities for driving up prices across the board, while offering a “solution” that amounts to doubling down on expensive, dirty fuels. This absurd posturing guarantees more market volatility and price spikes, and jeopardizes the policy changes necessary if we are to avert the worst climate impacts in the years ahead.

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