Biden’s climate narcissism could destroy America’s energy advantage 

President Biden, on his way out the door, has permanently put over 625 million acres of federal waters off-limits to oil and gas exploration. This is the move of a spiteful old man eager to undercut one of the highest priorities of his successor, President-elect Donald Trump: U.S. energy development. It is also a desperate pitch to post an asterisk next to his name in the record books; yes, Biden is one of the most unpopular presidents of all time, but at least, as noted in the White House statement accompanying the move, “President Biden will have conserved more lands and waters than any other U.S. president in history.” Please take note, presidential historians.   Reducing acreage available for oil and gas exploration is a profoundly ignorant and damaging measure. As the world races toward broad-based adoption of artificial intelligence, advanced semiconductor manufacturing, cryptocurrencies and other new technologies, every country is vying to have not only scientific superiority but also the massive amounts of cheap electricity that the new industries require.   According to a study from the Bank of America, electricity demand in the U.S. grew by only 13 gigawatts over the last 13 years. But thanks to the growth of energy-intensive industries like AI, demand will soar by a projected 70 GW through 2030. With coal plants being retired, and given the intermittent nature of solar and wind power, the U.S. will likely face “grid stability” concerns. It will also continue to rely heavily on fossil fuels. Some indication…Biden’s climate narcissism could destroy America’s energy advantage