DAILY ON ENERGY: • Sen. Bill Cassidy plans post-Russia future for Western energy • Nuclear scare in Ukraine • Congress moving faster than White House on Russian oil ban
CASSIDY PLANS POST-RUSSIA FUTURE FOR WESTERN ENERGY: Republican Sen. Bill Cassidy said he is speeding up development of a global energy policy outline to inform how the U.S. and its allies in Europe should respond to Russia’s war in Ukraine while maintaining their economic health and keeping on course to cut greenhouse gas emissions.
But it wouldn’t be easy for Europe, which relies overwhelmingly on imports for its fossil fuel-generated energy. The strategy for Europe, then, should be to source its oil and gas from the United States and elsewhere, he said. The reticence of the Biden team to get behind such an approach, as well its favor for tighter regulations and resistance to building out fossil fuel infrastructure, has been a primary source of their criticism of President Joe Biden.
NUCLEAR SCARE IN UKRAINE: Russian forces seized control of Europe’s largest nuclear power plant in southeast Ukraine last night–– causing a building at the site to catch fire and touching off global fears of nuclear catastrophe. NATO Secretary General Jens Stoltenberg said the attack “demonstrates the recklessness of this war and the importance of ending it, and the importance of Russia withdrawing all its troops and engaging in good faith in diplomatic efforts.”
U.S. Energy Secretary Jennifer Granholm echoed the IAEA assessment, saying that its reactors were protected by “robust” containment structures, and were in the process of being “safely shut down.” Early today, Ukrainian foreign minister Dmytro Kuleba called on Russians to establish “safe zones” around nuclear facilities in the country, noting in an earlier tweet that, had Zaporizhzhia blown up, it would cause an explosion “10 times larger than Chernobyl!”
Asked if that's a fair message to people coping with inflation, Manchin responded,"Inflation is a tax. This is war." Debate over the gas import ban comes as prices continue to surge in the U.S., climbing to an average of $3.83 this morning, according to AAA. “I’ve been to the line of contact—the soldiers I met are now under fire,” Portman added. “Some of them are dead. These are the people who turned to us.”
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