Biden win may curb US oil drilling and super-charge renewables ...Qatar

Joe Biden’s victory could end up reshaping the US energy sector in years to come, although the president-elect may have limited room to manoeuvre given that control of the Senate remains unclear. The president-elect has pledged to spend trillions of dollars to speed up the transition from fossil fuels, slash emissions and curb climate change. Biden has also promised to ban new fracking on federal lands, which he may try to achieve via an executive order. Such a move would limit shale companies’ operations in several states, including New Mexico. Oil & gas Biden’s electoral win adds to the hurdles facing the oil and gas industry, already hammered by a crash in demand amid the pandemic. The

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Biden win may curb US oil drilling and super-charge renewables ...Qatar

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