Reuters
By Valerie Volcovici and Nichola Groom (Reuters) – President Joe Biden campaigned on a promise to restore U.S. leadership in the global fight against climate change and followed up with a dizzying number of executive orders and lofty targets to slash emissions.
But nine months into his presidency, political, legal, and economic obstacles have forced his administration to make several moves in support of fossil fuels development at home and abroad, and raised questions about whether the Democrat will be able to meet his commitments to clean energy.
Most importantly, heavy political opposition has forced the administration to put its centerpiece climate proposals that would help deliver an April pledge to halve greenhouse gas emissions by 2030 into a budget reconciliation bill that has an uncertain future in the closely-divided U.S. Congress… Read More