US President-elect Joe Biden and Donald Trump have proposed contrasting energy policies. Verdict has conducted a poll to assess which energy policies of US presidential candidates’ that readers support.
A majority of 38% of the respondents supported Joe Biden’s pro-energy policy limiting the oil and gas sector, while 36% supported Donald Trump’s pro-oil and gas sector policy.
The remaining 26% of the respondents did not support either of the policies and felt that equal importance should be given to fossil fuels and renewables.
The analysis is based on 189 responses received from the readers of Offshore Technology, a Verdict network site, between 28 September and 17 November 2020.
Joe Biden’s clean energy policies
US President-elect Joe Biden plans to make an accelerated investment of $2tn towards developing a sustainable economy by 2035 in stark contrast to Donald Trump’s focus on the oil and gas sector. Biden’s policies are the steps in the right direction for the world to tackle climate change, says GlobalData.
While Donald Trump would have continued to support the oil and gas industry, if he had won, the current market outlook is clearly steering towards cheaper renewables and more regulation on sectors that release emissions, adds GlobalData. The state of California, for example, has already banned the sale of diesel and gasoline powered vehicles by 2035, a step that is expected to be implemented across the country.
One of the first moves Biden plans to make is re-join the Paris Climate Agreement that Donald Trump chose to withdraw. Biden will need to create sustainable climate plans that can withstand the transition, while tackling domestic and international challenges, according to the Institute for Sustainable Development and International Relations, a think tank.