Joe Biden has drifted far to the left and made it clear that, if elected president, he would restrict or ban fracking, pipelines, federal onshore and offshore drilling, and use of oil, coal, natural gas, and thus our economy. He's selected Rep. Alexandria Ocasio-Cortez as his climate and energy advisor and is expected to choose an equally "progressive" woman of color as his running mate (and president-in-reality).
He may also employ federal financial regulations to slow or strangle fossil fuel companies' access to low-cost capital, further preventing them from producing oil, gas and coal. His official climate plan promises to require "public companies to disclose climate risks and the greenhouse gas emissions in their operations and supply chains." By compelling them to present a litany of climate and weather risks supposedly caused or worsened by fossil fuel emissions, the rules could sharply reduce lender and investor interest in those fuels and hasten the transition to wind, solar, battery and biofuel technologies.
