Name: Biden's clean energy pledge fuels solar stocks
Uploaded: 2020-10-27T19:35:38.000Z
Duration: 2 min
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

would you close down the other way have a transition from their own industry?

Democratic presidential candidate Joe Biden's comments on oil at the final presidential debate of 2020 got Wall Street's attention on Friday, with solar stocks rising after the former vice president said he plans to move the US away from oil and towards a more climate friendly economy.

It is a big statement because I would stop.

Because the oil industry pollutes significantly.

Shares of some renewable energy companies, including Canadian Solar and SunPower, were up on Friday.

I said Here's the deal after Biden said the U.

S should eventually replace oil with solar, wind and other forms of non polluting power.

That's a big step that, well, if you let me finish the statement because it has to be replaced by renewable energy over time, over time and I'd stop giving to the oil industry, I'd stop giving them federal subsidies.

While Biden later clarified he didn't want to end the fossil fuel industry but rather get rid of subsidies for fossil fuels, that's the biggest.

Trump immediately pounced because basically what he's saying is he is going to destroy the oil industry.

We remember that Pennsylvania Oklahoma Seeing it as a boon to his reelection chances in key battleground states such as Pennsylvania, Ah, major oil and gas producer.

Biden said his plan for a transition to a more climate friendly economy would create high paying jobs and boost US businesses.

Former Texas governor Rick Perry, who served as energy secretary under Trump, said moving away from oil would kill millions of jobs, while Kendra Horn, a Democratic U.

 S representative from Oklahoma seeking reelection, distance herself from Biden, saying on Twitter that oil and gas policy it's one of the places Biden and I disagree. 