Biden Plan to Cut Greenhouse Gas Emissions by 50 Percent Would Cripple Economy

The Biden administration is expected to call for cutting America’s greenhouse gas emissions in half by 2030, a move that would have disastrous consequences for the economy and energy reliability and affordability, warns Myron Ebell, Director of CEI’s Center for Energy & Environment:

“The Biden-Harris administration’s reported second-round commitment under the unratified Paris climate treaty is preposterous and irresponsible. Trying to cut greenhouse gas emissions by fifty percent below 2005 levels by 2030 would cause energy prices to skyrocket, make blackouts a common occurrence, and lead to widespread energy poverty.

“Luckily, the Biden-Harris commitment is merely an expression of intention and with no legal basis. We must count on widespread public opposition to convince enough Democrats in Congress to join with Republicans to defeat implementation of this grotesque power grab to cripple the American economy.”