Don't look now - Biden doing the same thing to electric rates he did to gas prices | Eastern North Carolina Now

Biden is pushing electric rates higher just as he did gas prices, and it is all tied to his promotion of the climate cult.  A flurry of executive orders cancelling a key oil pipeline, restricting drilling for oil and gas, and other measures that Biden implemented when he took office sent gas prices skyrocketing.  His attack on consumer electric rates took a little longer, with the big blow there the passage of the deceptively named "Inflation Reduction Act" which was really globalist climate policy that actually pushed up inflation instead of reducing it.  The main impact was on electric rates and they are already following gas prices upward under Biden.

https://www.zerohedge.com/political/how-bidens-inflation-reduction-act-failed-reduced-electricity-costs-pictures

And they will skyrocket further as Biden pushes his crusade against CO2.

Even Larry Fink, head of Blackrock, a globalist with an apt last name, has said that the spending in Biden's "Inflation Reduction Act" makes it hard to reduce inflation.

https://www.breitbart.com/clips/2024/04/13/blackrocks-fink-spending-in-inflation-reduction-act-will-make-it-harder-to-lower-inflation/

 


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