Biden tacks left on energy
The Democratic candidate has a healthy lead heading towards the November US election and a manifesto that will strike fear into the heart of the shale patch
The probability of a Joe Biden presidency appears to be increasing with every passing week, with President Donald Trump’s handling of Covid-19 and the Black Lives Matter protests and the collapse of the US economy hammering him lower in the opinion polls. The prospect of a Democratic win will start to make many in the energy sector feel uneasy. Biden has pledged to reverse much of Trump’s energy policy, upend the US’ energy mix and stimulate a low-carbon revolution over the medium to longer-term if he takes the presidency. Biden’s proposed policies would likely have a smaller direct impact on US oil and gas output, at least in the short-term. Offshore drilling and production will be hit sig
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