Joseph R. Biden Jr. has become the president-elect and will take office in January, heralding a seismic shift in energy and climate policy from the executive branch. However, any major legislation could be stymied by a divided Congress, assuming Republicans retain their majority in the Senate, while executive actions could be challenged by a more…
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Battle Lines Clear on Energy, Climate After Final Presidential Debate
The final presidential debate on Thursday crystallized stark differences between the candidates on climate and energy policy, as Joseph R. Biden Jr. stressed the urgency of addressing climate change while President Trump warned that the Democratic nominee’s plans would hurt the economy. Calling climate change “an existential threat to humanity,” Biden said, “We have a…
Presidential Candidates Clash on Climate, Energy in Final Debate
The final presidential debate on Thursday crystallized stark differences between the candidates on climate and energy policy, as Joseph R. Biden Jr. stressed the urgency of addressing climate change while President Trump warned that the Democratic nominee’s plans would hurt the economy. Calling climate change “an existential threat to humanity,” Biden said, “We have a…
Biden, Trump Near Finish Line in Election That Could Reverberate in Mexico’s Energy Sector
Democratic presidential nominee Joseph R. Biden Jr. and President Trump face off on Nov. 3 in a U.S. election being closely watched by Mexico’s energy sector. Mexico’s energy system, like its economy, is tightly intertwined with its northern neighbor. The country imports around 70% of its natural gas and around 80% of its gasoline from…
U.S. LNG Industry Not Seen Favoring Trump or Biden Presidency
The U.S. liquefied natural gas (LNG) sector could successfully work with either President Trump or Democratic nominee Joseph R. Biden Jr. in the upcoming presidential election, experts told NGI. Trump has been a “great cheerleader for U.S. LNG” by raising the industry’s profile and addressing some regulatory bottlenecks during his first term, said LNG Allies…
‘Joe Biden Will Not Ban Fracking,’ Says Harris in VP Debate
A Biden administration will not ban hydraulic fracturing (fracking) if he wins the November election, his vice presidential candidate, Sen. Kamala Harris (CA), said repeatedly during a debate with Vice President Pence Wednesday night. Energy and climate change figured more prominently during Wednesday’s contest in Salt Lake City than in the chaotic presidential debate that…
Domestic Oil, Natural Gas Political Contributions Wane Amid Coronavirus Fallout
Oil and gas producers continue to back Republican candidates in outsized fashion, but political contributions from the industry in the 2020 election cycle are running notably below 2016, a consequence of the coronavirus pandemic’s adverse financial impacts. The oil and gas sector spent an estimated $87 million between Jan. 1, 2019, and Sept. 21 —…
Onshore Natural Gas, Offshore Oil Said Most Vulnerable to Federal Drilling Curbs if Biden Wins
Curtailed oil and natural gas drilling on federal property under a Joseph R. Biden Jr. presidency would mainly affect production of onshore natural gas and offshore oil, according to new analysis by Moody’s Investors Service. Onshore acreage accounted for 69% of natural gas output from federal leases in 2019, while the Gulf of Mexico (GOM)…
Trump and Biden Clash Over Climate Change, Energy in Chaotic First Debate
More than an hour into a bitter, 90-minute debate that often devolved into inexplicable interruptions and trivial jabs more notable for political animus than policy substance, President Trump and former Vice President Joseph R. Biden Jr. sparred over climate change and energy. During the first of three scheduled debates Tuesday night at Case Western Reserve…
GOP Doubles Down on Deregulation, as Trump Claims Biden to ‘Lay Waste’ to U.S. Oil, Natural Gas
President Trump is betting that, by touting deregulation and deriding his Democratic opponent as an extremist who will raise taxes and throw wrenches into oil and gas development, he will galvanize domestic energy industry support ahead of the November election. Culminating the Republican National Committee (RNC) convention Thursday night in Washington, DC, Trump claimed his…