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Biden has pledged to stop new drilling on federal lands and waters, which would have severe consequences for the nation’s oil and natural gas industry. A federal ban on drilling would hamper oil and gas production across much of New Mexico, North Dakota and Wyoming—three of the nation’s largest oil and gas producing states, as […]
“Every federal infrastructure investment should reduce climate pollution, and require any federal permitting decision to consider the effects of greenhouse gas emissions and climate change.” — BIDEN/HARRIS CLIMATE PLAN The statements above are an indication that Biden would make it difficult for developers to obtain federal permits to build fossil fuel infrastructure such as pipelines, […]
Both Biden and Harris have stated that they would ban fracking. Biden indicated that he would ban new hydraulic fracturing in his debate with Bernie Sanders in March 2020, although he would not admit to that declaration when campaigning in Pennsylvania this year. Also, in September 2019 during a CNN town hall event, Kamala Harris said “There is […]
California set its first renewable portfolio standard in 2002 and currently requires 60 percent of its generation to come from renewable energy by 2030 with the next 40 percent of generation to come from zero-carbon sources by 2045. These non-carbon sources will likely be wind, solar, geothermal, and hydropower. California is shuttering its last nuclear […]
According to RBC’s Head of Global Commodity Strategy, Helima Croft (subscription required), “Joe Biden’s energy agenda would likely be pragmatic, by Democratic Party standards, with no wholesale assault on the traditional fossil fuel sector.” She notes that a Biden presidency would be a sharp departure from the Trump presidency on energy policy, but the shift away from fossil […]
California prides itself on being at the forefront of the so-called energy transition, having set its first renewable portfolio standard in 2002, requiring 20 percent of its electricity to come from renewables by 2010. In 2008, California increased the state’s renewable portfolio standard to 33 percent by 2020, followed by SB 350, which in 2015 […]
While Democratic Party presidential candidate Joe Biden is touting his $2 trillion climate plan as a way to stimulate the U.S. economy from the lockdown caused by the coronavirus, China is building coal-fired plants and is using record amounts of diesel in its construction program. China is currently planning to build over 200 gigawatts of […]
Democratic Party presidential candidate Joe Biden’s $2 trillion energy plan includes Senate Minority Leader Chuck Schumer’s Clean Cars for America proposal. To enable the proposal, Biden will provide consumers rebates to swap old, less-efficient vehicles for newer American vehicles along with targeted incentives for manufacturers to build or retool factories to assemble zero-emission vehicles, parts, […]
California does it again. In 2001, California experienced rolling blackouts due to energy market manipulation by energy wholesalers and a shortage of pipelines. Now, Californians are again facing rolling blackouts, and this time it is due to California’s forced reliance on solar and wind power. Due to a severe heatwave and without the wind blowing and the […]
A U.S. Department of Energy study has found tremendous opportunities for the Appalachian Basin because of the shale gas revolution and the region’s abundant coal reserves. According to the report, a petrochemical hub and a next-generation manufacturing center could develop in Appalachia, a region including West Virginia and parts of Kentucky, Ohio, and Pennsylvania, because […]