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brooklynite

(96,882 posts)
Fri Jul 10, 2020, 07:50 AM Jul 2020

Biden Says Fracking Jobs Won't Be 'on the Chopping Block' If He's Elected [View all]

Newsweek

Democratic Presidential nominee Joe Biden has said, "Fracking is not going to be on the chopping block," if he's elected president, a statement which may rile left-leaning climate change activists and supporters of renewable energy.

An interviewer with Pennsylvanian ABC News affiliate WNEP, asked Biden, "We're losing a lot of jobs overseas, losing jobs to COVID-19, and if fracking is on the chopping block, how are you going to help these displaced workers?"

Biden responded, "Well, fracking is not going to be on the chopping block," Biden said. "Right now the president gives [an] advantage to companies that go overseas and invest overseas by reducing the taxes they have to pay on foreign profits. I'd double that tax and do that on day one."
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