US energy future 'under threat' from Biden policies: GOP report

A new report from the House Committee on Oversight and Responsibility says the Biden administration's policies have put the United States' energy future "under threat."

From left to right: Energy Sec. Jennifer Granholm, House Oversight chairman James Comer, and President Biden. (Getty Images)

House Oversight chair James Comer, R-Ky., said the Biden administration "weaponized" the executive branch to "wage a war against" domestic energy production.

"The Biden Administration weaponized the power of the executive branch to wage a war against American-made energy production and cement in place radical, far-left energy policies that jeopardize domestic energy development, overload America’s power grid, and raise costs on all American consumers and businesses," Comer told Fox News Digital.

"From day one, the House Oversight Committee has worked to expose the Biden Administration’s radical climate agenda," he added. "The Committee will continue to fulfill its responsibility to hold this Administration accountable for its detrimental Green New Deal policies that are impacting Americans across the country."

The report first highlights a rise in gas prices since 2019. Laying blame at the Biden administration's feet, the report says the Biden administration has contributed to the rise in gas prices "through rising production and transportation costs, pricey regulatory actions, and supply manipulations, thereby ceding American energy potential and harming consumer spending power simply to curry favor with radical climate activists."

Citing AAA National Gas Averages data, the report outlines how gas prices have skyrocketed compared to when former President Donald Trump was in the White House.

The Oversight report highlighted how the Biden administration is imposing "stricter energy requirements" on several products like gas stoves, lightbulbs, dishwashers, clothes dryers, washing machines, and refrigerators. (Jakub Porzycki/NurPhoto via Getty Images)

"Even as use efficiency improves, the U.S. Energy Information Administration projects U.S. utility-generated electricity demand to continue growing at an average annual rate of one percent through 2050," the report added.

The report also noted the Biden administration's efforts to eliminate consumer choice, pointing to an executive order implemented by the president with a goal that "50 percent of all new passenger cars and light trucks sold in 2030 be zero-emission vehicles, including battery electric, plug-in hybrid electric, or fuel cell electric vehicles."

"EVs made up about 7.6 percent of U.S. auto sales in 2023, but remain an even smaller percentage of all cars on the road nationwide. Stricter emissions standards—the ‘most ambitious pollution standards ever for cars and trucks’— implemented by President Biden’s EPA seek to fundamentally restructure the vehicle market to favor EVs," the report stated.

The report also highlighted how the Biden administration is imposing "stricter energy requirements" on several products like gas stoves, lightbulbs, dishwashers, clothes dryers, washing machines, and refrigerators.

Lastly, the report targeted the Biden administration for pursuing a "'whole-of-government' regulatory blowout with substantial compliance costs for businesses and consumers."

Energy Sec. Jennifer Granholm is expected to testify before the House Oversight Committee on Thursday. (Alex Wong/Getty Images)

"Across all agencies, the Biden Administration has already imposed over $1 trillion in additional total regulatory costs and added millions of hours of new annual paperwork demands," the committee's report noted.

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"As the regulatory onslaught compounds, the most impacted are low-income communities through increased electricity prices and vehicle costs, and people on fixed incomes based on savings or investments—like retirees—through climate disclosure mandates and Environmental, Social, and Governance (ESG) rules suppressing returns," the report continued. "As firms pass along tax obligations to consumers, regulatory compliance serves as an additional "hidden tax" impacting both consumer prices and wages."

"Forcing more and more resources to be spent navigating the ever-growing and complex regulatory burden diverts time and money away from growing businesses and fostering economic mobility," it added.

Fox News' Liz Elkind contributed to this report.

Kyle Morris covers politics for Fox News. Story tips can be sent via email and on X: @RealKyleMorris.

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