Prudent public officials should anticipate that some future periods will be warmer and other periods cooler than today. They should also affirm that cold is the greater threat to human health and prosperity. Thus investments should place priority on building robust infrastructure and ensuring reliable affordable energy. These things can not be achieved if the planning and approval process is so long and costly that needed developments are discouraged or abandoned.
The worst kept secret in US politics is how effectively environmental activists and lawyers have used EPA regulations to block, impair and frequently kill off projects for energy infrastructure. Some regions like the Northeast are lacking natural gas supply pipelines from US sources and are forced to import from Russia, among other foreign producers. Former EPA administrator made the point that some people believe that if you are for the environment you are against development, and if…
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