Biden Says Renewables Need to Replace Oil Industry

Biden Says Renewables Need to Replace Oil Industry
Two Democrats in toss-up races distanced themselves from Biden's comments.

(Bloomberg) -- President Donald Trump seized on Joe Biden’s pledge Thursday to eventually replace fossil fuels with renewable energy, turning the Democratic nominee’s remarks into a warning for swing state voters that oil and gas jobs could be at risk.

Biden’s comment came in response to a question from Trump during Thursday’s debate in Nashville about whether he would shut down the oil industry. The former vice president, in one of his starkest comments of the campaign on the issue, said “I would transition from the oil industry, yes.”

“The oil industry pollutes significantly,” Biden said. “It has to be replaced by renewable energy over time.”

That response carries risk for Biden heading into the final days of the race. For weeks, Biden has been wooing voters in Pennsylvania with assurances that his pledges to ban fracking are limited to federal land and would not amount to a wholesale destruction of the oil and gas sector. He plans to campaign there Saturday.

Trump seized on Biden’s remark.

“Basically what he is saying is he would destroy the oil industry,” Trump said. “Would you remember that Texas? Would you remember that Pennsylvania? Oklahoma, Ohio?”

Trump, meanwhile, sought to portray himself as an oil industry savior, boasting about his efforts in the spring to broker a global crude output cut as the coronavirus pandemic collapsed fuel demand.

“We saved our oil industry,” Trump boasted, and it’s “vibrant.”

Trump was trying to recreate a moment in 2020 that he used to advantage in 2016, when Hillary Clinton said, “We’re going to put a lot of coal miners and coal companies out of business.”

Biden’s climate plan aims to remove greenhouse gas emissions from U.S. electricity generation by 2035 -- a target that favors emission-free wind, solar and nuclear power, while leaving little room for natural gas-fired power plants, unless they are outfitted with expensive carbon-capture technology.

After the debate, Biden sought to downplay his on-stage comment, emphasizing that the fossil fuel industry wouldn’t “be gone” until 2050, and that oil workers are “not going to lose their jobs.” Instead, he stressed, his plan would mean “a lot more jobs are going to be created in other alternatives.”

“But we’re not going to get rid of fossil fuels for a long time,” he told reporters as he prepared to depart Nashville.

Two Democrats in toss-up races distanced themselves from the comments.

Representative Kendra Horn, the incumbent in an Oklahoma swing district President Trump carried in 2016, and Xochitl Torres Small, who’s in a toss-up race in New Mexico, both took exception to what Biden said.


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Kevin Hanna  |  October 23, 2020
Transition is already happening, but it certainly does not mean the end of oil, and oil will always be needed for many products including some fuels for which there are no feasible alternatives.Natural gas is really promising, and very important in transition -- especially in the shift away from coal for power production. Biden's comments and thinking are more nuanced than will be presented, but that's politics. In then end, there are trends evident, and these will not mean business as usual. so how do we plan for change and very different energy future, and how can we transform our business approaches?
Richard Sacco  |  October 23, 2020
Mr. Biden should keep in mind that the jobs created by the conversion to renewables (wind & solar) will go to other countries. Windmill blades are all fabricated overseas.,, as are most solar panels. The first hurricane will wipe out the windmills and then what will be used for power? While solar panels are getting cheaper, how much land will have to be used (and taken from landowners) to replace just one gas-fired power plant.

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