White House Pursues Two-Track Energy Policy

摘要

With oil, natural gas and coal prices on the rise, the White House is trying to balance a near-term need for fossil fuel supplies with its longer-term drive to aggressively tackle climate action. “Investments toward maintaining current supply so that we have that market balance, that is something that clearly needs to happen, ” US Envoy for Energy Security Amos Hochstein said at a virtual roundtable held by the Riyadh-based International Energy Forum. “But any investment in infrastructure that’s going to be multidecade infrastructure, that comes on line later, and that takes away from the climate goals that we’re achieving, that’s the investment we would see as unfortunate and unnecessary. ”