Thursday, January 26, 2023

Tax on oil

When President Biden took office he was heralded as the environmental president. He pledged to eliminate carbon emissions by 2050, end fossil fuels, scrapped leases to oil companies and threatened a windfall profits tax. He likened the oil companies to war profiteers. Biden is now asking oil companies to increase production and is ready to open up the Willow project in Alaska something that environmentalist oppose. I often wonder if Biden is aware of the environmental problems posed by the production of wind and solar. I even wonder if environmentalist are aware. If they are they never seem to talk about it.

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