Thursday, July 21, 2022

Declaring a climate emergency could unlock potent tools for Biden — at a steep cost

Politico reports:

Invoking a national emergency over climate change would enable President Joe Biden to unleash sweeping actions to restrain greenhouse gas production — such as banning U.S. crude oil exports, ending offshore drilling or speeding the manufacturing of electric vehicles.

But some of those steps would be politically explosive, and could even prove ruinous to his party’s fortunes by sending gasoline prices soaring. Others would threaten to alienate European allies looking to U.S. fuel supplies to ease their dependence on Russia. And any executive actions Biden takes would run the risk of falling to the same conservative Supreme Court that has already hobbled his regulators’ ability to rein in carbon pollution.

Not a good time for this.