Biden Reverses Trump’s Plan To Drill for More Oil in Arctic

2022-04-26 215

Biden Reverses Trump’s Plan , To Drill for More Oil in Arctic.
Biden Reverses Trump’s Plan , To Drill for More Oil in Arctic.
CNBC reports that on April 25, Biden reversed the previous administration's plan to lease over two-thirds of land in the National Petroleum Reserve in Alaska.
Trump wanted to open up
82% of the land to
drilling for oil.
but Biden has reverted to an Obama administration plan that only utilizes 52% of the reserve.
Environmental protections for certain areas of the
23 million-acre reserve will also be reinstated.
CNBC reports that earlier this year, drilling permit approval by the Bureau of Land Management plunged under the Biden administration.
According to the Bureau of Land Management, over $56 million in oil and gas lease revenue was generated in 2019.
The U.S. Energy Information Administration reports that the reserve can potentially release more than
5 billion metric tons of carbon dioxide into the air.
Kristen Monsell, oceans legal director of the Center for Biological Diversity, said more needs to be done to address the climate crisis.
More Arctic drilling also means more oil spills, more polluted communities and more harm to polar bears and other vulnerable wildlife. Biden officials can and must use their power to help us avoid disastrous climate change and support the transition to a just, renewable economy, Kristen Monsell, oceans legal director of the Center for
Biological Diversity, via statement.
More Arctic drilling also means more oil spills, more polluted communities and more harm to polar bears and other vulnerable wildlife. Biden officials can and must use their power to help us avoid disastrous climate change and support the transition to a just, renewable economy, Kristen Monsell, oceans legal director of the Center for
Biological Diversity, via statement

Free Traffic Exchange