What is Biden doing about environmental issues? In December 2021, Biden signed an executive order directing the US government to cut its own emission by 65% by 2030 with different measures including energy efficiency, electric vehicles and renewable energy.
How does Biden help environment? The EPA has also proposed regulations to reduce methane emissions from the oil and gas industry and President Biden helped launch a global methane pledge at the Glasgow Climate Summit, or COP26, under which more than 100 countries have committed to cut their total methane emissions at least 30% by 2030.
Could the US increase oil production? The U.S. Energy Information Administration (EIA) forecasts that U.S. crude oil production will average 11.9 million barrels per day this year and 12.8 million barrels per day in 2023, which would surpass the record average production of 12.3 million barrels per day set in 2019.
Do we need more oil? From the Energy Information Administration FAQs: “According to the U.S. Energy Information Administration’s (EIA) International Energy Outlook 2017 (IEO2017), the global supply of crude oil, other liquid hydrocarbons, and biofuels is expected to be adequate to meet the world’s demand for liquid fuels through 2050.