A growing question politicians and economists are starting to ask themselves, is will the United States become energy independent? With the ongoing war between Russia and Ukraine, the US has sanctioned Russia and is determining whether or to impose tougher restrictions on the Russian energy sector, such as ban Russian oil imports.
White House press secretary Jen Psaki outlined a range of efforts to increase production of natural gas and oil, but conceded that "domestic production has not insulated us from the price volatility of fossil fuels or the whims of those who control them, such as President Putin. Americans know that." She stated "The only way to protect US over the long term is to become energy independent".
So, this isn't just a concentration on becoming energy independent; it is a focus to reduce the dependency on Russian fossil fuels while still focusing on clean energy to help mitigate global warming.
Council of Economic Advisers Chair Cecilia Rouse told reporters at a Friday press briefing, "We are looking at options that we can take right now, if we were to cut the US consumption of Russian energy". I believe the only way to become energy independent and still focus on mitigating global warming is to make huge advances in the clean and renewable energy sector.
So, with that being said, do you think the US will become energy independent? And if yes, what clean and renewable energy companies out there do you think will have the upper hand on receiving government grants to help the US succeed in this endeavor?
Submitted March 07, 2022 at 01:53AM by Revolutionary-Crab24 https://ift.tt/1Ur2z5L
