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You are here: Home / Energy / Biden Agreed He Would ‘Close Down’ Oil Industry

Biden Agreed He Would ‘Close Down’ Oil Industry

October 23, 2020 at 7:59 am EDT By Taegan Goddard Leave a Comment

Washington Post: “Biden’s ‘Yes’ answer to closing down the oil industry was potentially serious enough for him to try to clarify his remarks to reporters later at the airport. He said he would stop giving money to the oil industry, rather than close it down entirely.”

Said Biden: “We’re not going to get rid of fossil fuels. We’re going to get rid of subsidies for fossil fuels.”

“The above statement might still be used as an attack by Trump, who could distort it to claim Biden is open to finding ways to shutter one of the most powerful industries in America. But Trump doesn’t have to try to work with just Biden’s second statement; Biden initially answered in the affirmative when asked if he would close the oil industry, even if he tried to clarify it later and stress that none of his changes would happen right away.”

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goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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