How tough will Joe Biden be on the US shale industry?

The president-elect plans to reduce incentives for fracking but has stopped short of a banThe result of the US election has cast a long shadow across the US shale heartlands. Joe Biden wants to make the climate crisis his top priority, signalling real hope for global efforts to avert aan environmental catastrophe and real concern for the shale operators.The president-elect's climate plans include a return to the Paris climate agreement, $2tn (?1.5tn) of spending on clean energy and an ambition to create a carbon-neutral US energy system by 2035 through "aggressive emissions reductions". Continue reading...