Analysis: Biden’s lofty climate goals collide with political, economic reality

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Sept 15 (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.

Setbacks include a judge overturning the administration’s effort to block new oil and gas leasing on federal lands, forcing it to offer millions of new acres for drilling, and rising retail gas prices that have led the White House to publicly ask the global oil cartel, OPEC, to boost production.

Most importantly, heavy political opposition has forced the administration to put its centerpiece climate proposals that would help deliver an April…

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