The selection of Brian Deese to direct the National Economic Council (NEC) places a spotlight on some of the conflicting commitments within the Biden administration. Bowing to pressure from progressive climate activists, Biden pledged last July to pursue an aggressive climate plan that would eliminate fossil fuels by 2035. The selection of Deese — the current head of sustainable investing at BlackRock and a former Obama adviser behind some of that administration’s most notable climate policies — signals Biden’s willingness to use economic policy as an engine for pursuing his plan.
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Jonathan A. Lesser, PhD, is the president of Continental Economics, an economic consulting firm, and an adjunct fellow with the Manhattan Institute.
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