Biden suspends new oil and gas leases, permits for 60 days – Oklahoman.com

Thanks! Share it with your friends!

Close

National Wildlife Federation Vice President Tracy Stone-Manning said she expected Biden to make good on his campaign promise to end leasing altogether, or at least impose a long-term moratorium on any new issuances.

“The Biden administration has made a commitment to driving down carbon emissions. It makes sense starting with the land that we all own,” she said. “We have 24 million acres already under lease. That should get us through.”

Oil and gas extracted from public lands and waters account for about a quarter of annual U.S. production. Extracting and burning those fuels generates the equivalent of almost 550 million tons (500 metric tons) of greenhouse gases annually, the U.S. Geological Survey said in a 2018 study.

Under Trump, Interior officials approved almost 1,400 permits on federal lands, primarily in Wyoming and New Mexico, over a three-month period that included the election, according to an Associated Press analysis of government data. Those permits, which remain valid, will allow companies to continue drilling for years, potentially undercutting Biden’s climate agenda.

Source Article from https://oklahoman.com/article/feed/10192383/biden-suspends-new-oil-and-gas-leases-permits-for-60-days

Comments

Write a comment