Biden: I Would Transition From the Oil Industry

The transcript discusses the pollution caused by oil plants and refineries, particularly in Delaware and Houston, and its health impacts on local communities. It emphasizes the need for safety measures and restrictions on pollutants in frontline communities. The discussion transitions to the idea of moving away from the oil industry towards renewable energy, highlighting the importance of stopping federal subsidies for oil and gas. The potential business impact of this transition and the goal of achieving net zero emissions by 2050 are also covered.

Why does the speaker believe federal subsidies should be stopped for the oil industry?

What is the target year mentioned for achieving net zero emissions?