Price Futures Group senior analyst Phil Flynn and Copenhagen Consensus Center President Bjorn Lomborg on the concerns with bans on natural gas for costs and reliability.

In response to a strong public backlash, the Biden administration Department of Energy (DOE) has decided to backtrack on its proposed new energy efficiency regulation of stoves that would have forced most gas models off the market.

Though still worse than no regulation at all, the revised proposal is considerably less stringent than the original and can be met by gas stoves and not just electric ones.

Nonetheless, the reason for initially targeting gas stoves so aggressively – team Biden’s extreme climate change agenda – has not changed one bit, and there still are ways the administration could go after them:

The reason for initially targeting gas stoves so aggressively – team Biden’s extreme climate change agenda – has not changed. (Getty........

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