The White House's mixed signals on climate and oil
Reuters
It is a fascinating realization that every concept can be spun to make it sound more appealing.
During COP29, Bloomberg published an article containing the thoughts of the White House Climate Advisor Ali Zaidi, who argued that “oil boom aids energy transition.”
“That is a facilitator of decarbonization, not something that slows it down,” Zaidi said.
According to Mr.Zaidi, increasing oil production in the US helped maintain market stability and avoid “shocks and upward price pressure.” However, justifying that position is incredibly challenging, particularly considering the ongoing climate summit in Baku.
Whether we like it or not, it is necessary to accept that traditional energy sources will remain relevant for the foreseeable future. However, it is also important to realize that climate change is also real, and the impact of those changes will be dramatic, to put it mildly. Energy transition is one of the most credible mechanisms for avoiding dire outcomes.
The White House official's policy approach points to a degree of dependence on oil revenues. It is also possible to argue that the US has the potential to increase oil production using energy prices as a tool of coercion in international affairs.
The statement of the Mr. Zaidi clearly illustrates the contradictory nature of political discourse on climate. The approach of the White House official in this situation is an attempt to justify increasing revenues during an election year to pull more voters and achieve political objectives.
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