- Should Joe Biden win November’s U.S. presidential election, there could be a number of changes in energy policy.
Biden, however, has shown an interest in multilateral diplomacy similar to previous Democratic administrations. That could mean an eventual path for Iran, and perhaps Venezuela, to get out from under Washington’s sanctions and start pumping again, if the right conditions are met. In Iran, that path could include a partnered approach between Washington and Europe, similar to a deal struck under Obama’s administration.
Biden’s campaign has not yet detailed how it would approach these issues, but any influence he would wield as president would likely be in service of the same goal - a moderate oil price. Any U.S. president needs affordable fuel for consumers. Trump’s administration has acted to weaken or eliminate emissions targets at every turn, including the U.S. Environmental Protection Agency’s softening of vehicle emissions standards, and its rescinding of former President Barack Obama’s Clean Power Plan requiring cuts from the electric power industry. Transport and electricity together make up around half the country’s greenhouse gas emissions.
A Biden presidency would unleash enormous pressure on U.S. majors to quickly become more green. Biden has expressed an interest in supporting climate-related lawsuits against the oil industry, and his running mate, Kamala Harris, has cited her record suing oil companies as attorney general in California.While Trump has sought to maximize domestic oil and gas production, Biden has promised to ban issuance of new drilling permits on federal lands and waters in order to fight global climate change.
Put oil prices sky high when US production is cut and Saudi back in control.
I don't imaginé because Biden will lose the election.
'Fact' you keep using that word.. but I don't think you know what it means. You cannot claim a theoretical plan/outcome as a 'fact'. Also, Joe is a liar.
Is living in a cave by candle light a “transformation“?
No chance to win!!!
Well it's only one way to know isn't it? A vote for Biden will show his capabilities! A vote for Trump After Covid, will put America back on track again! The choice is in your hands. A leftist Agenda😟 or a Freedom Agenda😀!
Black Americans Aren't Going To Forget This.
Democrats will kill the economy!
Did you see Trump's tantrum on 60 minutes. That man has the authority to launch nuclear weapons. Everything you worked for could be gone in one fit of anger.
Caught once twice shy NOT BidenHarris2020 TrumpPence2020
From self-sufficient to dependent of foreign supply?
The Fracking President
Your credibilty as an objective news organization has hit rock bottom I used to be so trusting of Reuters. Now you are making yourselves look the globalist (il)liberal WEF lackeys you are
Candidates military background: Biden: “Unavailable for military service due to asthma.” Yep, he was that guy with the inhaler. Trump: Attended New York Military Academy.
He has said he will ban fracking, then he says he won’t. He says he doesn’t support the green new deal, but his website and running mate says he does. Dude is a joke
21st c driven smart science technology is what America needs to be leaders in. We need Joe to start our way.
In 2009 election of Iran, the US hardly tried to fuel social unrest in Iran after presidential election. We eagerly watch how the US will taste its own medicine after Election2020
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