“Would he close down the oil industry?” Trump asked. “Would you close down the oil industry?”
“I would transition from the oil industry, yes,” Biden responded.
“That’s a big statement,” Trump mented.
“It is a big statement, because…the oil industry pollutes, significantly,” Biden responded.
“It has to be replaced by renewable energy over time,” Biden added. “And I’d stop giving to the oil industry—I’d stop giving them federal subsidies. [Trump] won’t give federal subsidies to solar and wind. Why are we giving it to the oil industry?”