Rockefellers and Michael Bloomberg: Billionaire activists who don't want abundant American energy

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The Biden administration's recent election-year decision to stop new U.S. liquefied natural gas export projects at the behest of activists is bad for America -- and the world -- by every measure.

The Biden administration’s recent election-year decision to stop new U.S. liquefied natural gas export projects at the behest of activists is bad for America — and the world — by every measure.

This month, another stunning example of special interest overreach was revealed. It turns out the Rockefeller foundations bought, planned, and paid for the New York attorney general’s climate lawsuit against Exxon Mobil — a case that, despite ending in spectacular failure for the state, kicked off a smear campaign, inspired dozens of copycat cases in other states, and further demonized traditional sources of energy.

On the issue of natural gas, for example, there is widespread consensus that hydrocarbon enables prosperity by supplying dispatchable power and serving as a feedstock for fertilizers, making it the primary component in goods deemed most essential to human life — namely, food and electricity. Indeed, moderate Democrats from swing districts and states that understand the value of energy are sounding the alarm. Both Democratic senators from Pennsylvania recently eviscerated the president after the blatantly political pause on permits for LNG terminals.

 

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