Climate Hawks Join the Debate on Ukraine

None of which loosens the political vise the White House finds itself in. The bank J.P. Morgan has predicted that oil prices could jump more than 30 percent — reaching as high as $185 dollars a barrel — if buyers keep shunning Russian oil, ban or no ban. And Republicans aren’t likely to cut Biden a break if and when that happens.

Politically, high oil prices are a nightmare. They make it difficult for Democrats to promote their stewardship of the economy, because they must temper any boasts about the fast growth in jobs and GDP on their watch with expressions of concern for the real pinch that many Americans are feeling.

Climate hawks propose a way out of this jam: Democrats should brand themselves as the party of future, not the past, they say. That means unapologetically embracing new technologies like electric vehicles while portraying oil as yesterday’s energy solution.

“Instead of ‘Drill, baby, drill,’ voters should hear: ‘Plug in, baby, plug in,’” Markey said.

And he rejects the advice some pundits have offered Biden: a Jimmy Carter-like call for national sacrifice at a time of crisis abroad.

“We’re not calling for sacrifice; we’re calling for innovation,” he said.

Tom Matzzie, a former Washington campaign director for, who now runs a company that builds solar farms, suggested Biden go after the oil companies, emphasizing any ties they have to Russia and investigating “war profiteering” they might be doing.

“They’re trying to take advantage of the situation in Ukraine and pretend they have a solution when they don’t,” Matzzie said, of the companies that are calling on Biden to repeal a moratorium on drilling on federal land.

Others worry that high oil prices will push Americans into embracing fossil fuels at the very moment they should be shifting away from them as fast as possible. Facing the prospect of a disastrous midterms, Democrats could follow suit.

Source link


J&K LG Manoj Sinha invites political leaders to meeting this evening

In a major political development, Lieutenant Governor Manoj Sinha...

Turkey lifts objection to Sweden, Finland in NATO

Editor's note: This page recaps the news from Ukraine...

‘Uncomfortably high’: What economists say about the chance of recession.

CitigroupEconomists at Citigroup, led by Nathan Sheets, the global...

Democratic Rep. Danny Davis Survives Progressive Primary Challenge In Chicago

A late endorsement from President Joe Biden helped longtime Rep. Danny Davis (D-Ill.) survive a primary challenge from progressive Kina Collins on Tuesday night...

Illinois Governor’s Race Shows G.O.P.’s Lurch to Right (With Nudge From Left)

Republican voters in Illinois nominated a conservative hard-liner for governor on Tuesday, lifting State Senator Darren Bailey out from a bruising and costly primary...

Mick Mulvaney Says He Knows Cassidy Hutchinson: ‘I Don’t Think She’s Lying’

Former acting White House chief of staff Mick Mulvaney suggested on Twitter that there is every reason to believe Hutchinson’s account of Trump’s actions...