“I would transition from the oil industry, yes,” Democratic presidential candidate Joe Biden said during last night’s debate with President Donald Trump in response to a question from his opponent. “Would he close down the oil industry?” Trump asked Biden, as quoted by the National Review. “Would you close down the oil industry?” To this, President Trump’s opponent mentioned his plan for a transition away from oil, to which Trump said, “That’s a big statement.” “It is a big statement, because…the oil industry pollutes, significantly,” Biden responded. “It has to be replaced by renewable energy over time.” “And I’d stop giving to the oil industry—I’d stop giving them federal subsidies,” the Democratic candidate continued. “[Trump] won’t give federal subsidies to solar and wind. Why are we giving it to the oil industry?” “Basically what he is saying is he is going to destroy the oil industry,” Trump said in […]

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