To be clear: there’s a night-and-day difference between Biden and Trump, with the former having actually taking significant action, and being likely to take more if reelected. Trump will look to maximize both extraction and consumption of fossil fuels in a way that Biden simply didn’t and won’t.

  • MrMakabar
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    4 months ago

    A 10% decline in global oil consumption would be awesome. However to be realistic Russia consumes a lot of oil itself and sanctions do not cut out all oil exports. They certainly did not for Iran and Venezuela. Funnily enough 10% of oil consumption are US cars. So a ban of combustion engine car sales in the US would have solved that as well. With the EU and other allies joining, that would even be fast enough to actually beat new oil drilling in the US.