Biden to ban new oil and gas field development, Bloomberg reports

Politics and Government Politics and Government

Sun, January 5, 2025

[ 07:00 AM ] - MSN

Austrian chancellor vows to resign after power-sharing talks collapse

[ 06:40 AM ] - MSN

Fact check: JD Vance is wrong about AfD, Nazis

[ 06:20 AM ] - MSN

'They're petrified': Reform in row with Labour over delayed local elections

[ 06:20 AM ] - MSN

Michael J. Fox, Bono and Anna Wintour receive Presidential Medal of Freedom

[ 06:00 AM ] - MSN

Italian Prime Minister Meloni meets with Trump at his Florida resort

[ 05:41 AM ] - MSN

Austria: Chancellor Nehammer to resign after coalition talks collapse

[ 05:41 AM ] - MSN

Kim Jong Un 'bans North Koreans from eating hotdogs' in new crackdown

[ 05:41 AM ] - MSN

Costas Simitis, former Greek prime minister and socialist leader, dies at 88

[ 05:41 AM ] - MSN

'Finest man that ever served': Mourners react to loss and legacy of Jimmy Carter

[ 05:40 AM ] - MSN

Thousands take to streets in Tel Aviv to protest against Netanyahu

[ 05:40 AM ] - MSN

Jimmy Carter begins final journey through Georgia

[ 05:00 AM ] - MSN

'Tejashwi Yadav should lead BPSC protests': Prash .. as RJD leader accuses him of hijacking agitation

[ 04:20 AM ] - MSN

Italy's Meloni meets Trump at his Florida resort Mar-a-Lago

[ 04:00 AM ] - legit

2027: 'It Would be Difficult to Rig Presidential Election,' Group, Gives Reason

[ 03:40 AM ] - MSN

Anna University case: Tamilisai Soundarajan conde .. TN Govt alleges of 'not allowing to raise voice'

[ 03:40 AM ] - MSN

Bono and Jane Goodall to receive Presidential Medal of Freedom from Joe Biden

[ 03:00 AM ] - MSN

Washington Post cartoonist quits after sketch of Bezos bowing to Trump rejected

[ 02:00 AM ] - MSN

BJP Leader Pravesh Verma's Statement After Receiving Ticket For Assembly | ABP Live

[ 01:40 AM ] - MSN

MAGA-world in meltdown after George Soros awarded the Medal of Freedom

[ 12:40 AM ] - MSN

China Condemns U.S. Plans to Restrict Chinese Drones

[ 12:20 AM ] - MSN

Nationwide strike for new elections announced in Georgia

[ 12:20 AM ] - MSN

Austrian chancellor Karl Nehammer to resign after coalition talks fail

[ 12:00 AM ] - MSN

Trump Hosts Italian Prime Minister Meloni at Mar-a-Lago

Sat, January 4, 2025

[ 11:41 PM ] - MSN

Biden administration notifies Congress of $12.87 billion arms sale to Israel

[ 11:40 PM ] - MSN

MAGA civil war sparks fears of chaotic Trump White House

[ 11:40 PM ] - MSN

Austrian Chancellor Nehammer says he will resign after talks on forming a new government fail

[ 11:21 PM ] - MSN

Pennsylvania immigration attorneys see surge in r .. or advice as Donald Trump prepares to take office

[ 11:20 PM ] - MSN

Government looks to crack down on vaping, illicit .. opposition calls on LNP to release budget update

[ 10:20 PM ] - MSN

Maldives Defence Minister to visit India next week

[ 09:40 PM ] - MSN

Biden to ban new oil and gas field development, Bloomberg reports

^{Published on 2025-01-04 21:40:47 - MSN}

US President Joe Biden intends to ban new offshore oil and gas developments along the US coastal territory. This decision could be made on January 6, Bloomberg reports. In particular, this decision excludes the sale of drilling rights in the Atlantic and Pacific Ocean waters,

President Joe Biden is set to announce a ban on new oil and gas field development on federal lands and waters as part of his strategy to combat climate change, according to Bloomberg News. This policy aims to reduce greenhouse gas emissions by limiting the expansion of fossil fuel extraction. The decision comes amidst growing pressure from environmental groups and aligns with Biden's broader climate goals, although it might face opposition from the oil and gas industry and some lawmakers who argue it could hinder energy independence and economic growth. The ban would not affect existing leases or production but would prevent new leases from being issued, potentially impacting future oil and gas exploration and development.

Read the Full MSN Article at:
[ https://www.msn.com/en-gb/politics/government/biden-to-ban-new-oil-and-gas-field-devglopment-bloomberg-reports/ar-AA1wWFNJ ]

Contributing Sources