The Bipartisan Budget Act passed last week directs the Department of Energy to sell 100 million barrels of oil from the Strategic Petroleum Reserve, adding to 189 million barrels already scheduled for sale by four other major laws since 2015. (The reserve held 695 million barrels at the start of 2017.)
Why it matters: If Congress is the portfolio manager of America's public assets, lawmakers are rotating out of energy security to secure funds for drug development, infrastructure and other new priorities. The shift away from four decades of scarcity-driven energy policy is likely to reduce support for vehicle efficiency, renewable fuels mandates and alternative energy spending.
America’s Democratic Party, environmental groups and clean-energy leaders pushing action on climate change are at odds over how best to address it.
Why it matters: Conflict is erupting over the best technologies and messaging, and experts worry the fighting could stifle progress toward the big thing they agree on: the need to address climate change. The divisions, brewing for years, are escalating in the face of a Republican-run government that doesn’t recognize the issue at all.
