{"id":1510441,"date":"2022-06-10T12:22:47","date_gmt":"2022-06-10T16:22:47","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1510441"},"modified":"2022-06-10T12:22:58","modified_gmt":"2022-06-10T16:22:58","slug":"white-house-doubles-down-on-green-transition-as-inflation-hits-40-year-high","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-doubles-down-on-green-transition-as-inflation-hits-40-year-high\/","title":{"rendered":"White House Doubles Down On \u2018Green\u2019 Transition As Inflation Hits 40-Year High"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" 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<!-- Share buttons by mashshare.net - Version: 4.0.47--><div><\/div>\n<p>The White House reiterated its support for transitioning the U.S. economy away from oil and gas dependency on Friday despite the U.S. suffering from record-high inflation.<\/p>\n<p>The Biden administration supports using inflationary market pressures as a vehicle to push for \u2018\u201dgreen\u201d <a href=\"https:\/\/dailycaller.com\/2022\/06\/09\/joe-biden-department-of-energy-loans-solyndra-reboot\/\" target=\"_blank\" rel=\"noopener noreferrer\">energy<\/a> solutions while Americans endure combustible <a href=\"https:\/\/dailycaller.com\/2022\/06\/10\/consumer-price-index-highest-1981\/\" target=\"_blank\" rel=\"noopener noreferrer\">inflationary pressures<\/a>, White House director of the National Economic Council, Brian Deese, told CNBC financial specialist David Farber on Friday.<\/p>\n<p>Deese dodged the CNBC host\u2019s question on whether Americans should expect high prices to continue to plague the U.S. household, opting to blame the high gas prices on Russian President Vladimir Putin\u2019s war in Ukraine.<\/p>\n<p>\u201cIf you really isolate what\u2019s going on here, it\u2019s because Vladimir Putin decided to take on this irresponsible war, and we have created all of these perturbations in the global energy markets,\u201d Deese said. \u201cWe have to deal with that, and yes, we have to stand with Ukraine and we need to fight his aggression, and yes, that creates serious global challenges in our energy market.\u201d<\/p>\n<p>The NEC director told Farber that the U.S. should use the global crisis affecting our market to help \u201ctransition\u201d into the \u201cgreen\u201d energy market.\u00a0Deese said the high gas prices are a sign the market is ready for the U.S. to move away from its dependence on oil and gas. <strong><a href=\"https:\/\/dailycaller.com\/2022\/06\/10\/consumer-price-index-highest-1981\/\" target=\"_blank\" rel=\"noopener noreferrer\">(RELATED:\u00a0Consumer Prices Reach Highest Rates In Four Decades)<\/a><\/strong><\/p>\n<p>\u201cBut I don\u2019t think we should confuse that with the transition that the market is driving and that we can accelerate while actually lowering costs for consumers,\u201d said Deese. \u201cI mean, the thing that people often miss out on is that if we provided technology-neutral, long-term incentives to produce lower-cost, cleaner energy in the United States, American utility companies would go out and lower people\u2019s utility bills.\u201d<\/p>\n<p><strong>WATCH:<\/strong><\/p>\n<p>Deese called on the Democratic Party-controlled U.S. Congress to pass legislation to push companies into transitioning toward using \u201cgreen\u201d energy over oil and gas, promising it would <a href=\"https:\/\/dailycaller.com\/2022\/06\/06\/80-percent-americans-economy-bad-inflation-poll\/\" target=\"_blank\" rel=\"noopener noreferrer\">lower the costs<\/a> for Americans.<\/p>\n<p>\u201cIf Congress passed that legislation, American utility companies would actually lower utility bills,\u201d said Deese. \u201cSo, there\u2019s actually a pathway here to reduce the cost of energy for American families while also helping accelerate the transition that the market is driving.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The White House reiterated its support for transitioning the U.S. economy away from oil and gas dependency on Friday despite the U.S. suffering from record-high inflation.The Biden administration supports using<\/p>\n","protected":false},"author":495,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1510441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1510441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/495"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1510441"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1510441\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1510441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1510441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1510441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}