U.S. solar stocks rise on Biden's clean energy focus in pre-election debate

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U.S. solar stocks rose on Friday after U.S. Democratic presidential candidate Joe Biden said in the final pre-election debate on Thursday night that if elected he plans to transition to a more climate-friendly economy.

Biden and President Donald Trump were asked at their matchup in Nashville, Tennessee, what they would do to combat climate change - the first time in a presidential debate they were not asked if they believed in it or not.

Biden said the country should eventually replace oil with solar, wind and other forms of non-polluting power. “I would transition from the oil industry,” Biden said, adding his plan for a more climate-friendly economy would create high-paying jobs and boost U.S. businesses.ticked up 0.4% to $40.79 with demand concerns raised by surging coronavirus cases in the United States and Europe being offset by the prospect of an extension to OPEC-led supply curbs.“We’re getting of the subsidies for fossil fuels. But we’re not getting rid of fossil fuels for a long time...they’re not going to lose their jobs.

Trump, during the debate, cited a federal program to plant trees and a drop in carbon emissions to say he loves the environment, but added he was not willing to harm businesses. He accused Biden of planning to ban hydraulic fracturing, a process of extracting oil and natural gas from shale that is opposed by many environmentalists. Biden, however, said he would ban fracking on federal land only.

 

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Th n n

Biden did say Solar was where it was. I imagine even Obama's Solyndra will come back for 2 trillion. Great way to earn some money...steal half a a billion pay a 30 million fine. The kind of kick back a Biden would love.

$RUN is down 2.38% today sooooo....🤷🏻‍♂️🤷🏻‍♂️🤷🏻‍♂️

So many hard of thinking trump supporters like the smell of pollution. Perhaps thats why they cannot comprehend the concept of clean air.

Solar power is a joke, just like Biden's campaign!

)))) look how putler bots trying to save traitor trump, they are stupid like him with conspiracy theories ))) dont gforget to report them, they need to wok harder ))

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very smart and good, do like europe doing, trump is money greed incompetent fool !

No deal with stimuli . Today was the last oportunity. A Big red coming. Optimistic= no deal

Fake news solar power is a global joke

Solar is made from oil

Americans do not want a president who will sell out his country to the highest bidder in order to enrich his family or save them from prosecution.

Actually, Trump said relatively positive things about solar power, while also acknowledging its weakness.

Clean and friendlly environmental energy will become most populer in the future. Fussil fuel energy will dissapear

Solar is but a fraction and will not solve the effects caused by other countries. Do you know how long it takes a car to fully recharge? Or how much it costs for solar and still have electric bills? Joe would not make anymore advances that Trump hasn't already been actively doing

Great heads up. Will short sell them soon.

Good.

I'm pretty sure ANY republican and Trump are equally keen on economic power alternatives, so don't make this all about Biden as if he virtually invented the frigging stuff!

Nice 👍

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