(Bloomberg) —
Record oil and gas production under President Joe Biden has enabled the US to smoothly transition toward cleaner energy and fight climate change without driving up prices, a top White House adviser said Wednesday.
The administration’s approach to cutting greenhouse gases has been to ensure there is “energy availability for the demand that exists on the market today — no shocks, no upward price pressure,” Ali Zaidi, the White House national climate adviser, told Bloomberg TV when asked about climbing US oil and gas production at the COP29 climate summit in Azerbaijan.
“That is a facilitator of decarbonization, not something that slows it down,” Zaidi said.
Biden has prioritized spending and policy to help propel a shift to low- and zero-emission energy sources, driving record investment to the sector. At the same time, domestic oil and gas production has climbed to record levels,…
