President Biden: Climate champion or fossil fuel friend?

2024-12-24 08:50:32 source: category:Markets

As a candidate, Joe Biden ran on a climate-focused platform, promising a transition to a clean, carbon-neutral economy by 2050. But since taking office, the U.S. has doubled down on oil and gas production. Is President Biden being overly friendly to the fossil fuel industry? What gives?

We look at three potential gambles Biden may be making to make the green energy transition a reality. And yes, that means more drilling – for now.

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