As Earth Day approached, 45 GOP House members sent a letter to John Kerry, President Joe Biden’s Special Presidential Envoy for Climate Change, accusing him of abuse of power to fight climate change.
“We write to you to express concern with your decision, as reported in the press, to pressure U.S. banks to make radical, overly prescriptive commitments related to climate change that may not be in the best interest of their businesses, shareholders, employees or customers,” the letter declared.
“Such pressure from a senior Administration official is a blatant abuse of power,” the letter added.
The letter concluded, “Your actions, and the broader actions of the Biden Administration on financial regulation, threaten to compromise the competitiveness of American financial institutions, ignore market demand in energy consumption, increase prices for consumers and kill American jobs.”
The leaders also argue the Biden administration’s environmental policy changes will destroy jobs. A clear example is found in Biden’s executive order to stop construction on the Keystone XL Pipeline.
The pipeline’s end killed 11,000 American jobs with the stroke of a pen.
The president ran on a platform of creating “more than 10 million well-paying jobs in the United States” through climate change. However,
According to data from the Bureau of Labor Statistics for May 2019, the average annual pay for gas and oil extraction workers was $96,600—twice that for solar panel installers ($46,850) and almost 60 percent higher than the average salary for a wind turbine technician ($61,270).
Instead of moving America forward, the Biden administration’s policies appear to hurt the nation’s job market.
The GOP letter may be more accurate in its words: “This will kill jobs, increase prices, and cede U.S. competitiveness to countries like China and Russia.”