Andrew Yang on Energy & Oil
Democratic Presidential Challenger & Tech CEO
YANG: Yes. The government needs to get the incentives right, so we should provide subsidies to the renewable sector and end them for fossil fuel companies.
YANG: The big picture is, we subsidize the fossil fuel industry to the tune of hundreds of billions of dollars. And so now everyone is, like, "where's the money?" We know where the money is. We put hundreds of billions into the fossil fuel industry. We're still subsidizing it to this day, and now it's time to take some of that money and channel it to the needs of the American people. We need to get with the program, wake up to the reality around us and let you know that you're not on your own. This is not a "you" problem, this is an "us" problem. And what do sophisticated, advanced societies do when it's an us problem? We put some of our collective resources to work and we solve the problems on the ground.
Q: Would you eliminate some subsidies for fossil fuel or subsidies?
YANG: I'd get rid of them all. Why would you leave any of them?
YANG: We need to have a carbon tax because we need to have polluters internalize the cost of their pollution. You start at $40 a ton and then you ramp up to $100 a ton to give them time to adjust. But these companies only operate on the bottom line. You can't say do the right thing and then have all the executives get paid for making tons of money at the expense of the earth. We have to tie people's incentives to doing the r then you'll actually see their behavior change very quickly.
Q: Would you ban all fossil fuel exports from the United States?
YANG: I think we have to stop subsidizing the industry, but I don't think that includes banning exports. Because if our fossil fuel industry, which is going to be around for some period of time, is competitive and cost competitive enough to export to another country, I wouldn't stand in the way of that.
YANG: We are all going to love driving our electric cars. There will still be some legacy gas guzzlers on the road for quite some time, because this is not a country where you're going to, like, take someone's clunker away from them. But you are going to offer to buy the clunker back and help the
"We need to do everything we can to start moving the climate in the right direction," he continued, "but we also need to start moving our people to higher ground--and the best way to do that is to put economic resources into your hands so you can protect yourself and your families."
Yang: The important number is that the U.S. was only 15% of global emissions. We like to act as if we're 100%, but even if we were to curb our emissions dramatically, the earth
A: "I don't believe that the president can put a halt to climate change, given that the United States only accounts for 15 percent of global emissions, but we can take dramatic steps to combat it."
Yang: "Absolutely. America needs to rejoin the rest of the world in formally recognizing the threat posed by climate change and work with all nations to combat this existential crisis. The Paris Agreement doesn't go far enough to mitigate climate change, and the U.S. should be a part of the conversation on what targets are necessary and how we can get to them. Only through something like the Paris Agreement can we effectively tackle this problem. The US accounts for only about 15% of global emissions, so any solution requires other countries to make similar changes. We also need to recognize that our targets probably aren't enough to prevent some of the worst effects of climate change. We need to heavily fund research into geoengineering projects such as carbon capture in order to undo some of the damage we've already done. The U.S. should be a leader in developing this technology."
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2020 Presidential Democratic Primary Candidates:
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
Sen.Elizabeth Warren (D-MA)
2020 GOP and Independent Candidates:
Rep.Justin Amash (Libertarian-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (Green-NY)
V.P.Mike Pence (R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump (R-NY)
V.C.Arvin Vohra (Libertarian-MD)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld (L-NY,R-MA)
External Links about Andrew Yang:
2020 Withdrawn Democratic Candidates:
State Rep.Stacey Abrams (D-GA)
Sen.Michael Bennet (D-CO)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Mayor Bill de Blasio (D-NYC)
Rep.John Delaney (D-MD)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
CEO Tom Steyer (D-CA)
Rep.Eric Swalwell (D-CA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)