French President warns Biden on his green agenda
“I had a call with MbZ… He told me two things. I’m at a maximum, maximum… This is what he claims… And then he said… Saudis can increase by 150… Maybe a little bit more, but they don’t have huge capacities before six months’ time.”
Emmanuel Macron delivered this oil-production update to Joe Biden after a phone call with UAE leader Sheikh Mohammed bin Zayed al-Nahyan at yesterday’s G7 meeting in Germany. Whether a genuinely candid moment or a conversation deliberately started by the French president within earshot of the assembled press, mics picked up the exchange.
The unspoken implication of Macron’s update is that the administration’s strategy of relying on a boost in foreign oil output to ease soaring energy prices will not work. No wonder national security advisor Jake Sullivan was hovering nervously next to the two heads of state, eager to usher them to a more private location.
While Biden is keen to pin blame for rising prices on Vladimir Putin, he is desperate to avoid any acknowledgement of the trade-offs involved in the transition to a greener economy. Biden has recently softened his tone, last week acknowledging that America needs more refining capacity. But, as Michael Shellenberger recently noted, the president has been disgracefully misleading on domestic energy production for months.
Biden’s spokespeople have unconvincingly insisted that the federal government is no obstacle to domestic oil production while also claiming to belong to an administration fundamentally reconfiguring America’s energy output to lower admissions. Voters are not stupid. They understand that this is a circle that cannot be squared.
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Biden cannot be trusted to be honest on energy. His Big Green agenda trumps anything he might say to try to hide his actions to reduce US production.
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