The White House is promoting a “green energy future”.
Treasury Secretary Janet Yellen is touting the administration's clean energy tax incentives, claiming they will help lower energy costs for consumers while being environmentally friendly. Electric, solar and wind have been the president’s focus. However, David Holt, president of the Consumer Energy Alliance, says without oil, natural gas, nuclear, or other any other reliable form of energy, Americans won't see their bills going down.
“Doing things in a more environmentally responsible way is directionally a good thing to have,” Holt explained. “The problem is some have tried to define that as saying the only way to decarbonize is to ban fossil energy. That is simply untrue.”
Holt says right now the country has a supply problem. He proposes the federal government lift restrictions on oil and gas.