If you frame the argument on this basis it sets everything up for the policies they recommend.
If you frame it as the pregressivre war on fossil fuels it would read very differently.
This is not remotely suprising from a Brookings nerd.
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......in infrastructure or production when they have a White House vowing to put them out of business and unless we have changes in Washington they will not do so and rake in the profits presented to them by higher prices. Why would they invest in fossil fuels long term under these conditions?
currently. Also, when you said "they" are you referring to US gas and oil companies? When I read replies like this I pity the fact your brain only thinks in partisan ways.
"Furthermore, these companies make production decisions based on business criteria, including expected future prices, availability of capital, and the company’s appetite for risk."
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capital. I have said through the years getting the transition right is the key to avoid volatility. Unfortunately, politicians only care about scoring points.