> I find Biden's position on this to be odd given that he also agreed to a Russian oil pipeline recently
It's a gas pipeline, not an oil pipeline, which is very different.
> The reality is we need oil.
The reality is that we need -- and for the most part have -- cleaner sources of energy. Whether or efforts to kneecap supply is a good move right now is certainly up for debate.
> Now this oil will be transported through some other means, at a higher cost to consumers, with potentially greater environmental risk.
That's true, and is not great. But if you make oil more expensive, cleaner alternatives become more attractive.
> I am also deeply concerned that the withdrawal of permits signals an extreme degree of instability in America's business environment
To be fair, this particular permit had a clause saying it could be revoked at any time by the sitting president. And another poster points out (haven't had a chance to verify) that this particular pipeline has been opposed for over a decade, even during the Trump administration, with the permit approval essentially happening for political reasons.
It's a gas pipeline, not an oil pipeline, which is very different.
> The reality is we need oil.
The reality is that we need -- and for the most part have -- cleaner sources of energy. Whether or efforts to kneecap supply is a good move right now is certainly up for debate.
> Now this oil will be transported through some other means, at a higher cost to consumers, with potentially greater environmental risk.
That's true, and is not great. But if you make oil more expensive, cleaner alternatives become more attractive.
> I am also deeply concerned that the withdrawal of permits signals an extreme degree of instability in America's business environment
To be fair, this particular permit had a clause saying it could be revoked at any time by the sitting president. And another poster points out (haven't had a chance to verify) that this particular pipeline has been opposed for over a decade, even during the Trump administration, with the permit approval essentially happening for political reasons.