Current Policies Inhibiting America’s Ability to Become Energy Independent: Jason Isaac

Current Policies Inhibiting America’s Ability to Become Energy Independent: Jason Isaac
A person uses a petrol pump at a gas station as fuel prices surged in Manhattan, New York City, on March 7, 2022. Andrew Kelly/Reuters
Steve Lance
Updated:

The Biden administration has taken a “whole-government approach against the fossil fuel industry” making the nation less equipped to becoming energy independent, Jason Isaac from the Texas Public Policy Foundation told NTD’s “Capitol Report” on March 11.

While the Environmental Protection Agency (EPA) is “standing on the accelerator to zero emissions,” the Biden administration is “colluding with large financial institutions and banks to deny capital that’s necessary to increase production,” Isaac stated, referring in part to an August 2021 policy put in place by the Biden administration to stop banks from lending to overseas fossil fuel projects.