Debt fight, China shadow Biden's climate goals: Takeaways from POLITICO's Energy Summit

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Debt fight, China shadow Biden's climate goals: Takeaways from POLITICO's Energy Summit
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Government and industry leaders at the gathering also noted the difficulties of balancing the push for green energy vs. the nation's continued reliance on fossil fuels.

, but the parties have been divided on crucial issues, including Republican demands on fossil energy policy.

“They’re always a roller coaster of emotions, there’s standoff, but they ultimately all get solved,” he said. urged the White House to invoke the 14th Amendment to end negotiations over the debt limit, rather than accede to Republican policy demands. Legal scholars are divided on whether the president could use the amendment, which says the validity of the national debt “shall not be questioned,” to get around the limit.

Burke said environmental groups are beginning to recognize that increasing domestic mining and refining will be necessary to meet climate goals. Michael Goff, principal deputy assistant secretary for the Office of Nuclear Energy, said Russia supplies roughly 20 percent of U.S. uranium, but “can’t remain a long term supplier for us.”

“We know that there is a real desire to have energy security in areas where there’s huge demand for power,” the secretary said. “We also know that we have got to accelerate investment in clean.”

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