Biden says high energy prices are part of an “incredible transition” to lead the world away from fossil fuels.
Meanwhile back in the real world, the head of the International Energy Agency says Europe needs to fire up their coal fired power plants.
“Birol said emergency measures taken by European countries this week to reduce gas demand, such as firing up old coal-fired power stations, were justified by the scale of the crisis despite concerns about rising carbon emissions.”
Last summer Birol said it was essential to get rid of coal by the end of 2021.
“Quitting coal power ‘single most important’ step in six months before Cop26, says IEA chief Dr Fatih Birol”