Biden bans all future offshore oil and gas drilling

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Biden bans all future offshore oil and gas drilling

^{Published on 2025-01-06 08:41:01 - MSN}

Under the terms of a 2022 climate law, the government must offer at least 60 million acres (24.2 million hectares) of offshore oil and gas leases in any one-year period before it can offer offshore wind leases. Biden, whose decision to approve the huge ...

The article from MSN discusses President Joe Biden's administration's decision to ban all future oil and gas drilling on federal lands and waters, a move seen as a significant policy shift aimed at combating climate change. This decision has been interpreted as an attempt to undermine former President Donald Trump's pro-fossil fuel policies, which emphasized energy independence through increased drilling. Critics argue that this ban could lead to higher energy prices, job losses in the oil and gas sector, and increased reliance on foreign oil. Environmental groups, however, applaud the move as a step towards reducing greenhouse gas emissions and transitioning to renewable energy sources. The policy has sparked a debate over energy policy, economic impacts, and environmental priorities, highlighting the ongoing tension between economic development and environmental conservation in U.S. politics.

Read the Full MSN Article at:
[ https://www.msn.com/en-my/politics/government/biden-sabotages-trump-as-he-bans-all-future-oil-and-gas-drilling/ar-AA1x2pvv ]

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