President Biden’s climate envoy John Kerry said a few months ago that he could see natural gas as a “bridge fuel”. Apparently he meant a bridge to nowhere. On Thursday, he sentenced the industry to death in 10 years, regardless of whether renewable energy sources will not be able to replace natural gas before then.
“We need to notice the industry: you have six years, eight years, no more than 10 years or so, within which you have to come up with a remedy that you want to capture. [emissions], and if you do not catch on, then we need to implement alternative energy sources, ”he told Bloomberg TV. Can anyone find a way to capture and bury Mr. Kerry’s emissions?
He added: “No one should make it easy for gas interests to build 30- or 40-year-old infrastructure, which we are then stuck with, and you know the fight will be ‘well, we can not close these due to employment, on because of the investors, etc. ‘”
Thanks to Mr. Kerry for honesty. President Biden pretends to support American gas production to free Europe from its dependence on Russia, while his administration works cross-functionally.
Mr. Kerry knows that technologies that capture CO2 emissions are far from being scalable. He also knows that no one will invest in building new pipelines whose gas is time-limited to less than a decade. And he should also know that fossil fuels cannot be replaced in the next decade, as the batteries and “pure hydrogen” that would be needed to do so will require technological breakthroughs.
Natural gas prices have risen in recent months because production is not keeping pace with demand as the economy continues to recover and coal-fired power plants shut down. Political opposition to new pipelines limits U.S. production. Without more pipelines, US energy prices will rise.
Som Mr. Kerry explains that because new pipelines would increase U.S. jobs and investment, they would create more political resistance to the left’s climate agenda, which would destroy both. He would rather keep U.S. investment and jobs in the ground.
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Published in print on April 23, 2022.