How Biden’s $1.7 trillion climate plan would change America after Trump's Big Oil presidency

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Biden’s $1.7 trillion climate plan would be a blow to Big Oil after the Trump era

? The most stark may be on climate change, the issue that more than any other will shape America's energy future.Biden aims to push as much as $1.7 trillion over 10 years into a plan to boost renewable power

The difference between the candidates' positions will resound through American lives and household budgets for years to come. They could help determine everything from the kind of electricity they consume— although a Biden-aided drive toward renewable power is not expected to make a major difference in electricity prices — to the kinds of cars or trucks they drive.

The Biden plan could also create an estimated 10 million jobs, the Democrat's campaign claims, as construction workers retrofit homes and offices for energy efficiency and American automotive and parts manufacturing retools for a new generation of technology.

Biden countered that his plan would create millions of high-paying jobs. As Trump talked over Biden's answer in a debate dominated by the president's behavior, he falsely claimed Biden actually wants to spend $100 trillion and Democrats "want to take out the cows, too," according to a transcript of the debate. Cows' breathing and passing of gas emit methane, a greenhouse gas.Moody's thinks Biden's overall economic plan will create 8.

 

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Or is it another GITMO? Obama campaigned on closing it, but it’s still operational today. Yes, Guantanamo Bay still exists and there are still prisoners there....

Wouldn’t electric cars do the same over time? Oil is dying even the Saudiis are moving on

Biden, tax law you voted yay has carry-forward & back loss rules. If you paid millions for 2 years then a big loss, like 2008 Financial Crisis, You’re allowed to carry-back the losses and recoup taxes, then carry-forward for 20 years. It evens out over all the years.

So what ?

Why use 'scare words' like Big Oil, it would be a blow to all oil companies lol

Joe will be the best thing for Oil prices

Good!

They already “Drill, drill, drilled” themselves right out of business

He must be in mental facility.

CNBC send a reporter to a gas station and look at oil company stocks. Take a look. Gas prices have plummeted, oil company stocks have tanked, fracking has slowed to a crawl. Guess who is president CNBC, disaster Don Trump. This is Trump’s America NOT Biden’s

CNBC YOU ARE OUT OF TOUCH! Do you think we can burn fossil fuels for the next thousand years.

Big oil - move away now or they and we will both be miserable for years.

😍😍😍 it will happen 💪🏼💪🏼

Trump spends billions on subsidies and tax breaks to ensure that fossil fuel stays a money maker for the 1%.

not true

That just proves my point with Biden He doesn't have a clue what he needs to do if he's President. But I think President Trump will win by a landslide this election.

Good

Long past time to get rid of fossil fuels anyways.

Going green and mining for rare metals with no land reclamation after blasting and tunnelling is deteriorating biodiversity and earth’s composition in density.

Good!

Good. F**k the oil.

Joe Biden hasn’t done one useful thing in his 47 years in office, not one thing to better the economy, he certainly won’t do anything to help the economy as the president.

We need still need oil for rides like this, keep fracking

No wonder they push the Catastrophic Anthropogenic Global Warming narrative. It is beyond just a power grab.

Oil is already going as reserved now.

Big oil under trump has lost 2/3s of their value. But oh no Joe will be terrible. 😧😧😧😧

We need oil no matter what climate change is in place, 90% of industrial and every common house hold goods needs oil.

Biden is over-rated

Best case for renewables is maybe 10%. You will still need fossil fuel to run power plants so you can charge up your EV’s. Fuel to burn will be needed for airplanes, ships, railway, semi trucks, generators, machinery,construction equipment, etc,etc. control the population boom.

Good! 👍

I guess I'm a faery with a tambourine... but still BigOilMustFall .

Promoting green consumerism is a good thing. But eliminating fracking would devastate the US oil industry, millions of jobs, and our energy independence.

Ask Canadians about their plan. Green jobs never came. Highest unemployment ever. Let’s be truthful about this. As usual Biden lies consistently about policy. PlanetoftheHumans

You know the price of oil has already tanked and Trump is still President, right?

The government should not subsidize big oil & gas but instead subsidize renewable energy. The latter is underdeveloped and not efficient, the government is great at losing money day in and day out. It’ll also ensure we stay energy independent and a world class exporter.

Biden 87 octane will be Obama $4 again. Maybe $6 in CA

But it is the future of America now and generations to come!

Every big oil or coal based company is already having plans to shift to another business model. They aren't as stupid as Trump and his dumb supporters are.

A candidate with thick hair is needed. If one like this appears, he wins the elections!!!

A blow to big oil and a boon to renewable energy, millions of new jobs, and a giant step in the right direction on climate change. Time for big oil to get with the program.

He's had forty years to give us an example. Show us a least one city where the plan is working. Start one city today perhaps but a $1.7 trillion hypothesis not it.

Death from a bungled response to COVID-19 would be a big blow to Americans lives. ThursdayThoughts

Green energy is the future anyway...

Why not just remove the oil subsidies?

Everybody wants to pay 5.00 a gallon for gas.

CNBC needs to stop blowing Trump.

Oil is dying. Get in the 21st century.

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