As the price of gasoline and oil push toward record-breaking highs, President Joe Biden and his spokespeople insist that drilling for domestic oil cannot solve the problem. Exploring our own abundant energy resources to relieve U.S. dependence on foreign oil would “take years” to make any difference, they emphasize. Instead, they propose a full transformation of the economy to run on “clean energy.” But the Keystone XL Pipeline could be completed by early next year, while the most optimistic analysts say America cannot transition to renewable energy until 2050 — when President Biden will be a spry 108 years old. Critics call his renewable energy plan impossible and say efforts to implement it would cost trillions of dollars and more than 1 million jobs.
How long would it actually take to transition the U.S. economy to “clean energy” technologies, like renewable energy? How much would it cost? Is it even possible? Here are the facts you need to know.
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