{"id":249677,"date":"2025-10-29T23:22:20","date_gmt":"2025-10-29T23:22:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/249677\/"},"modified":"2025-10-29T23:22:20","modified_gmt":"2025-10-29T23:22:20","slug":"white-house-fossil-fuel-bet-is-losing-to-green-energy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/249677\/","title":{"rendered":"White House Fossil Fuel Bet Is Losing to Green Energy"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">It&#8217;s been 19 months since Donald Trump promised that if elected the 47th President of the United States he would expand oil and gas leases offshore while <a href=\"https:\/\/www.bloomberg.com\/news\/terminal\/STBACAT1UM0X\" class=\"media-ui-Link_link-tVkXhPLPofs- whitespace-normal\" target=\"_blank\" rel=\"noopener nofollow\" data-component=\"link\">undermining wind and solar initiativesBloomberg Terminal<\/a> as well as California&#8217;s drive to phase out vehicles with internal combustion engines. \u201cThe inflation crisis was caused by massive overspending and escalating energy prices, and that is why today I will also declare a national energy emergency,\u201d Trump said at his inaugural address to the country Jan. 20. \u201c<a href=\"https:\/\/www.whitehouse.gov\/remarks\/2025\/01\/the-inaugural-address\/\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">We will drill, baby, drill.<\/a>\u201d<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The reaction from investors? \u201cNuts!\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"It&#8217;s been 19 months since Donald Trump promised that if elected the 47th President of the United States&hellip;\n","protected":false},"author":2,"featured_media":249678,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[64,63,10663,20097,11214,75,31614,102343,5465,8146,128,8239,1055,26847,19542],"class_list":["post-249677","post","type-post","status-publish","format-standard","has-post-thumbnail","category-environment","tag-au","tag-australia","tag-clean-energy","tag-donald-john-trump","tag-electric-vehicles","tag-environment","tag-fossil-fuel","tag-generic-1st-cl-future","tag-inflation","tag-renewable-energy","tag-science","tag-solar-energy","tag-united-states","tag-view","tag-white-house"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/249677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=249677"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/249677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/249678"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=249677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=249677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=249677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}