Foreign Policy Magazine

Time to Be Honest About Fossil Fuels

The global energy crisis has hit U.S. shores: Fuel prices are rising, and a global supply shortage of natural gas is driving up the cost of heat and electricity as winter approaches. The Biden administration, worried that rising energy prices could cost votes and kneecap its ability to implement policies, has tapped the U.S. Strategic Petroleum Reserve, begged OPEC to pump more oil, and called on Russia to step up gas supplies to Europe. At the same time, the Republicans have no useful energy policy alternative on offer. The United States needs a fundamentally new energy policy that will deliver reliable energy supplies at affordable prices with low impact on the environment and climate.

Any energy policy will have to start by considering

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