Daily Minute Mirror on Nostr: Biden to ban offshore drilling across 625 million acres of US coastal waters ...
Biden to ban offshore drilling across 625 million acres of US coastal waters
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President Joe Biden plans to prohibit new offshore oil and gas development across 625 million acres (250 million hectares) of U.S. coastal waters; the ban will block drilling rights sales in parts of the Atlantic and Pacific Oceans and the eastern Gulf of Mexico; Biden may allow new leasing in the central and western Gulf of Mexico, which accounts for approximately 14% of U.S. production; the decision is part of efforts to combat climate change and aims for a decarbonized U.S. economy by 2050; based on the Outer Continental Shelf Lands Act, which grants broad authority to restrict drilling; previous attempts by Trump to reverse bans were ruled against by a federal judge in 2019.
#Biden #OffshoreDrilling #ClimateChange #OilAndGas #GulfOfMexico #AtlanticOcean #PacificOcean #OuterContinentalShelf #Decarbonization #EnergyPolicy
https://minutemirror.com.pk/biden-to-ban-offshore-drilling-across-625-million-acres-of-u-s-coastal-waters-334525/
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President Joe Biden plans to prohibit new offshore oil and gas development across 625 million acres (250 million hectares) of U.S. coastal waters; the ban will block drilling rights sales in parts of the Atlantic and Pacific Oceans and the eastern Gulf of Mexico; Biden may allow new leasing in the central and western Gulf of Mexico, which accounts for approximately 14% of U.S. production; the decision is part of efforts to combat climate change and aims for a decarbonized U.S. economy by 2050; based on the Outer Continental Shelf Lands Act, which grants broad authority to restrict drilling; previous attempts by Trump to reverse bans were ruled against by a federal judge in 2019.
#Biden #OffshoreDrilling #ClimateChange #OilAndGas #GulfOfMexico #AtlanticOcean #PacificOcean #OuterContinentalShelf #Decarbonization #EnergyPolicy
https://minutemirror.com.pk/biden-to-ban-offshore-drilling-across-625-million-acres-of-u-s-coastal-waters-334525/