AP sources: Biden to pause oil drilling on public lands

WASHINGTON (AP)– President Joe Biden is set to reveal a wide-ranging moratorium on new oil and gas leasing on U.S. lands, as his administration moves quickly to reverse Trump administration policies on energy and the environment and address climate change.Two individuals with knowledge of Bidens plans described the proposed moratorium, which will be revealed Wednesday. Biden lost all three states to former President Donald Trump.The drilling moratorium is among a number of climate-related actions Biden will announce Wednesday. On his very first day in workplace last Wednesday, Biden signed a series of executive orders that highlighted his different technique– rejoining the Paris Climate Accord, withdrawing approval of the Keystone XL oil pipeline from Canada and informing agencies to right away evaluate dozens of Trump-era rules on science, the environment and public health.A 60-day suspension order at the Interior Department did not limit existing oil and gas operations under legitimate leases, significance activity would not come to an abrupt stop on the millions of acres of lands in the West and offshore in the Gulf of Mexico where much drilling is concentrated. Those licenses, which stay legitimate, will enable companies to continue drilling for years, potentially undercutting Bidens environment agenda.The renting moratorium could provide a political issue for Biden in New Mexico, a Democratic-leaning state that has experienced a boom in oil production in current years, much of it on federal land. The Biden administration has vowed to spend billions to assist in the transition away from fossil fuels such as oil, gas and coal, and Biden has stated creating thousands of clean-energy jobs is a top concern.

WASHINGTON (AP)– President Joe Biden is set to announce an extensive moratorium on brand-new oil and gas leasing on U.S. lands, as his administration moves rapidly to reverse Trump administration policies on energy and the environment and address climate change.Two people with knowledge of Bidens strategies described the proposed moratorium, which will be revealed Wednesday. Those licenses, which stay legitimate, will enable business to continue drilling for years, possibly undercutting Bidens environment agenda.The leasing moratorium could present a political predicament for Biden in New Mexico, a Democratic-leaning state that has actually experienced a boom in oil production in recent years, much of it on federal land. The Biden administration has actually promised to invest billions to assist in the shift away from fossil fuels such as gas, oil and coal, and Biden has stated producing thousands of clean-energy jobs is a top concern.

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