Joe Biden was a sworn enemy of fossil fuels during his 2020 campaign. He called for eliminating net carbon emissions by 2020 as part of his plan to “end fossil fuel.” His first act as president was to cancel the Keystone XL Pipeline, and he followed that up by scrapping leases by oil and gas companies on federal lands and threatening them with a windfall-profit tax.
But Biden may be having a few second thoughts now. He could be on the verge of approving an innovative Alaska oil-and-gas project in the coming days that has significant support from labor unions and Native Alaskan tribes.
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