
In 2019, House Speaker Nancy Pelosi stated that climate change was the existential threat of our time and called for action to tackle it. She has supported the development of new technologies to reduce US dependence on foreign oil and address the adverse environmental effects of burning fossil fuels. Pelosi has also voted to block efforts to revive offshore oil drilling in protected areas and has opposed oil and gas exploration in the Arctic National Wildlife Refuge. However, Pelosi faced criticism for refusing to forbid members of the Select Committee on the Climate Crisis from accepting donations from fossil fuel companies. In her defense, Pelosi stated that the committee's focus was on finding people who care about the issue of climate change. She has also expressed support for natural gas as a clean and cheap alternative to fossil fuels, despite pushback arguing that natural gas is itself a fossil fuel.
| Characteristics | Values |
|---|---|
| Year | 2008, 2019 |
| Topic | Fossil fuels, climate change, natural gas |
| Role | House Speaker, Democratic Leader in the House of Representatives |
| Key Points | Nancy Pelosi has acknowledged the importance of transitioning away from fossil fuels, but has faced criticism for not explicitly forbidding climate panel members from accepting fossil fuel company donations. She has supported the development of new technologies to reduce U.S. dependence on foreign oil and mitigate the environmental impact of burning fossil fuels. |
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What You'll Learn

Nancy Pelosi's stance on fossil fuels
House Speaker Nancy Pelosi has expressed concern about climate change and the adverse environmental effects of burning fossil fuels. In 2019, she called climate change "the existential threat of our time" and supported the development of new technologies to reduce U.S. dependence on foreign oil. Pelosi has also voted to protect areas like the Arctic National Wildlife Refuge from oil and gas exploration and blocked efforts to revive offshore oil drilling.
Pelosi has supported conservation programs and energy research appropriations. She believes in transitioning to renewable energy sources and investing in wind, solar, and biofuels. However, she has faced criticism for her stance on natural gas. Pelosi has defended her and her husband's investment in Clean Energy Fuels Corp., arguing that natural gas is a clean and cheap alternative to fossil fuels. She has also refused to forbid members of the Select Committee on the Climate Crisis from accepting donations from fossil fuel companies, stating that the committee includes people who "care very much about the issue."
In 2013, Pelosi criticized President Bush's call for an end to the federal ban on offshore oil drilling, arguing that it would increase dependence on foreign energy sources and contribute to climate change. She emphasized the need for a "new, cleaner, and more affordable energy future" focused on renewable energy and increased energy efficiency.
Pelosi has also been involved in the creation of committees focused on climate change and energy independence. In 2018, she announced her intention to resurrect the Select Committee on Energy Independence and Global Warming, which had been disbanded by Republicans in 2011. This committee aimed to promote renewable energy and address carbon dioxide emissions through a cap-and-trade system.
Overall, Pelosi recognizes the importance of addressing climate change and reducing the negative impacts of fossil fuels. While she has faced some criticism for her stance on natural gas and her refusal to ban fossil fuel donations to the climate committee, she remains committed to transitioning to renewable energy sources and promoting policies that combat climate change.
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Pelosi's comments on natural gas
In 2008, Nancy Pelosi commented on her and her husband's investment in Clean Energy Fuels Corp, a company with a heavy emphasis on natural gas. She stated that she was "investing in something I believe in. I believe in natural gas as a clean, cheap alternative to fossil fuels".
Pelosi's comments sparked criticism, with some pointing out that natural gas is indeed a fossil fuel and not an alternative to it. Despite this, Pelosi continued to endorse natural gas as a transition fuel to alternative fuels. In an interview on "Meet the Press", she stated that natural gas is "cheap, abundant, and clean compared to fossil fuels". She acknowledged the need for a transition period when moving away from fossil fuels and highlighted the potential of investments in wind, solar, and biofuels, in addition to natural gas, as viable alternatives.
However, Pelosi also made clear her opposition to offshore drilling, despite her support for natural gas. She stated that more drilling offshore would not reduce prices at the gasoline pump. Pelosi's stance on natural gas and fossil fuels has been a topic of discussion and scrutiny, with some questioning her understanding of the issue.
Overall, Pelosi's comments on natural gas reflect her belief in its potential as a transitional alternative to fossil fuels. She emphasizes the abundance and affordability of natural gas while also supporting investments in renewable energy sources.
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Pelosi's investments in Clean Energy Fuels Corp
In 2008, it was revealed that Nancy Pelosi and her husband had invested in Clean Energy Fuels Corp, an alternative energy company founded by T. Boone Pickens. Pelosi defended the investment, stating that she believed in natural gas as a clean and cheap alternative to fossil fuels. She argued that a transition away from fossil fuels was necessary and that natural gas could play a role in that transition. Pelosi's husband, Paul Pelosi, a successful businessman and financier, purchased the stock in Clean Energy Fuels Corp. The investment was valued between $50,001 and $100,000, a tiny fraction of the couple's assets.
Clean Energy Fuels Corp markets compressed natural gas and liquefied natural gas as fuel for motor vehicles in the US and Canada. The company became publicly traded in 2007, with shares initially offered at $12. The stock price has fluctuated since then, but it has generally been profitable for investors. Pelosi's investment in the company was seen as a significant endorsement of natural gas as a transportation fuel, given her position as Speaker of the House of Representatives.
T. Boone Pickens, the founder of Clean Energy Fuels Corp, is known for his emphasis on natural gas and his advocacy for reducing oil imports. Pickens' company was a major backer of California Proposition 10, an initiative to subsidize the purchase of high-mileage and alternative fuel vehicles. Opponents of the measure criticised it as a boondoggle that would profit Pickens at the expense of California taxpayers.
While Pelosi's investment in Clean Energy Fuels Corp sparked some controversy, she maintained that it was part of her belief in transitioning to alternative energy sources and reducing dependence on fossil fuels. The investment also highlighted the potential influence of lawmakers' financial interests on policy decisions, particularly in the energy sector.
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Pelosi's views on climate change
Speaker of the House Nancy Pelosi has made climate change a key issue of her Speakership. She has referred to the climate crisis as the "existential threat of our time" and has led efforts to combat it. Pelosi has been instrumental in passing legislation to address climate change, such as the Inflation Reduction Act, which allocated $369 billion to combat the climate crisis and reduce carbon emissions. She has also supported initiatives to promote clean energy and reduce pollution, such as the Infrastructure Investment and Jobs Act, which included significant investments in public transit.
Pelosi has acknowledged the importance of transitioning away from fossil fuels and has expressed support for alternative energy sources such as wind, solar, and biofuels. However, she has faced criticism for her comments on natural gas, which she described as a "clean, cheap alternative to fossil fuels." Critics have pointed out that natural gas is, in fact, a fossil fuel and that Pelosi's investments in companies promoting it present a conflict of interest.
Pelosi has also faced scrutiny for her refusal to forbid members of the Select Committee on the Climate Crisis from accepting donations from fossil fuel companies. While she stated that she did not believe any members had accepted such donations, reports revealed that the committee's Democratic members received a combined $198,000 from fossil fuel industry political action committees during the 2018 midterm elections. Despite this, Pelosi has maintained that the committee is committed to promoting policies to combat climate change.
Pelosi has led congressional delegations to the United Nations Climate Change Conference, emphasizing the United States' commitment to working with global partners to address the climate crisis. She has also highlighted the impact of the climate crisis on vulnerable communities, including those affected by wildfires, droughts, and extreme temperatures in her home state of California. Pelosi's efforts reflect a recognition of the urgency of the climate crisis and a willingness to take action to address it.
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Pelosi's support for conservation programs
In 1996, Congresswoman Nancy Pelosi led the fight to preserve the Presidio, a former military post, for the people of San Francisco. She passed a law creating the Presidio Trust, an innovative public-private partnership aimed at preserving the essence of a magnificent national park while providing a cost-effective structure for taxpayers. Today, the Presidio welcomes over ten million visitors annually and is home to a diverse community.
Pelosi has also been a strong advocate for environmental protection and addressing the climate crisis. She led a Congressional delegation to the United Nations Climate Change Conference (COP27) in 2022, where she conveyed Congress' commitment to a healthier, more sustainable, and equitable future. Pelosi has supported significant environmental investments, such as slashing carbon pollution, lowering energy costs through energy efficiency, strengthening energy security by investing in clean energy manufacturing, and creating millions of good-paying jobs in the green economy.
Additionally, Pelosi has promoted renewable energy sources and natural gas as a transition fuel away from fossil fuels. She has also supported the Great American Outdoors Act, which provides funding for land and water conservation. Pelosi's commitment to conservation is further demonstrated by her work in conserving the National AIDS Memorial and supporting community development projects in San Francisco, such as the GLIDE Foundation Building Modernization project, the Homeless Prenatal Project, and initiatives to address the drug overdose crisis.
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