JWN Energy Group’s Daily Oil Bulletin
27 July 2020
Joe Biden, the presumptive Democratic nominee for the U.S. presidency, upped the ante for his Clean Energy Revolution on July 14, the day after part one of this four-part series was published. He is now planning to spend US$2 trillion of federal funds over four years if elected president in November, nearly three times more on an annual basis than his original commitment. This reinforces the fact Biden is serious about combating climate change, and increases the potential impact of his Clean Energy Revolution on global energy consumption and energy mix in the medium to longer term.