The Fort Worth Press - Biden announces more offshore drilling, angering environmentalists

USD -
AED 3.672503
AFN 63.498398
ALL 79.98113
AMD 363.606184
ANG 1.790365
AOA 916.999511
ARS 1514.2392
AUD 1.408421
AWG 1.80125
AZN 1.705413
BAM 1.708652
BBD 2.017569
BDT 123.016306
BGN 1.683441
BHD 0.377675
BIF 3009.693046
BMD 1
BND 1.276826
BOB 11.019233
BRL 5.100993
BSD 1.001708
BTN 95.700376
BWP 13.566652
BYN 3.034653
BYR 19600
BZD 2.014686
CAD 1.40864
CDF 2311.000168
CHF 0.82182
CLF 0.02399
CLP 947.249928
CNY 6.699801
CNH 6.706935
COP 3210.67
CRC 446.954706
CUC 1
CUP 26.5
CVE 96.331177
CZK 21.311602
DJF 178.387186
DKK 6.54283
DOP 59.555583
DZD 133.956179
EGP 51.650301
ERN 15
ETB 162.001494
EUR 0.875298
FJD 2.237198
FKP 0.750528
GBP 0.751245
GEL 2.594951
GGP 0.750528
GHS 11.580111
GIP 0.750528
GMD 73.497933
GNF 8806.300698
GTQ 7.644358
GYD 209.516571
HKD 7.843755
HNL 26.88956
HRK 6.594398
HTG 130.923832
HUF 316.842996
IDR 17804
ILS 3.01192
IMP 0.750528
INR 95.672497
IQD 1312.284595
IRR 1374649.999924
ISK 121.140171
JEP 0.750528
JMD 157.979111
JOD 0.709041
JPY 157.663503
KES 129.529559
KGS 87.450114
KHR 4064.177664
KMF 429.999937
KPW 900.000318
KRW 1354.890332
KWD 0.30891
KYD 0.834757
KZT 447.981689
LAK 22440.145198
LBP 89704.93035
LKR 329.691738
LRD 173.304154
LSL 16.249055
LTL 2.95274
LVL 0.60489
LYD 6.385386
MAD 9.56663
MDL 17.615068
MGA 4387.386482
MKD 53.750759
MMK 2099.577364
MNT 3597.923561
MOP 8.092553
MRU 40.109729
MUR 47.879764
MVR 15.460075
MWK 1737.04511
MXN 17.33542
MYR 4.076033
MZN 63.879702
NAD 16.249055
NGN 1324.650236
NIO 36.867648
NOK 9.46499
NPR 153.119089
NZD 1.75317
OMR 0.384495
PAB 1.001717
PEN 3.384019
PGK 4.462558
PHP 62.616499
PKR 277.60441
PLN 3.80656
PYG 5960.800073
QAR 3.641478
RON 4.618197
RSD 102.754839
RUB 84.250412
RWF 1478.537014
SAR 3.755768
SBD 8.026013
SCR 13.953203
SDG 601.485792
SEK 9.85578
SGD 1.276203
SHP 0.74758
SLE 24.649645
SLL 20969.491881
SOS 572.491908
SRD 37.740206
STD 20697.981008
STN 21.40439
SVC 8.765163
SYP 13002.000254
SZL 16.244338
THB 33.201973
TJS 9.241024
TMT 3.5
TND 2.952007
TOP 2.40776
TRY 48.83725
TTD 6.806477
TWD 31.719598
TZS 2644.998006
UAH 44.878718
UGX 3906.922294
UYU 40.222429
UZS 11835.110449
VES 851.341295
VND 25986.5
VUV 118.348377
WST 2.752527
XAF 574.15788
XAG 0.015104
XAU 0.000231
XCD 2.70255
XCG 1.805363
XDR 0.707052
XOF 574.15788
XPF 104.189509
YER 236.550545
ZAR 16.20645
ZMK 9001.210284
ZMW 19.509105
ZWL 321.999592
SSP 5712.590503
MXV 1.964731
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Biden announces more offshore drilling, angering environmentalists
Biden announces more offshore drilling, angering environmentalists / Photo: © GETTY IMAGES NORTH AMERICA/AFP/File

Biden announces more offshore drilling, angering environmentalists

President Joe Biden's administration on Friday announced it would auction three new oil and gas leases in the Gulf of Mexico, triggering a furious reaction from environmental groups who said the move would accelerate climate change.

Text size:

Biden, who faces re-election next year, has repeatedly broken his promise made as a candidate to end new drilling on federal land and water, and the issue could be a drag on his ability to energize Democratic voters, especially youth, in 2024.

Biden did order a pause on new drilling soon after taking office, but analysts say he has been restricted in what he can accomplish because of hostile court decisions and the delicate balance of power in Congress.

And Friday's move was also denounced by advocates of the fossil fuel industry because it represented a significant reduction on the number of lease sales planned under former Republican president Donald Trump -- 47 off all US coastal areas in the 2024-2029 period.

It "includes a maximum of three potential oil and gas lease sales -- the fewest oil and gas lease sales in history -- in the Gulf of Mexico Program Area scheduled in 2025, 2027 and 2029," said a statement from the Interior Department.

The statement added that the government is constrained by the terms of the Inflation Reduction Act (IRA) -- Biden's signature climate-investment law passed last year --- which makes the development of new offshore wind farms contingent on also offering at least 60 million acres of oil and gas leases in the previous year.

This rider was added by Democratic Senator Joe Manchin, an ardent backer of fossil fuels, as a condition of his support, which was in turn crucial to pass the bill.

"The Biden-Harris administration is committed to building a clean energy future that ensures America's energy independence," said Secretary of the Interior Deb Haaland.

"The proposed final program, which represents the smallest number of oil and gas lease sales in history, sets a course for the department to support the growing offshore wind industry and protect against the potential for environmental damage and adverse impacts to coastal communities."

- Prioritizing polluters over climate -

Those reassurances failed to satisfy climate action activists.

"This decision is beyond disappointing, as Americans face the impacts of the growing climate crisis through more frequent and intense fires, droughts, hurricanes, and floods," said Beth Lowell, vice president for the United States of the non-profit Oceana.

"President Biden is unfortunately showing the world that it's okay to continue to prioritize polluters over real climate solutions."

Mattea Mrkusic, energy transition policy lead for the nonprofit Evergreen Action added: "Experts have warned us for years that any new fossil fuel production is incompatible with limiting warming to 1.5 C degrees -- and just this week the International Energy Agency reaffirmed that these kinds of fossil fuel projects are not needed to meet our energy needs."

Mrkusic added new drilling wouldn't just accelerate climate change but also subject frontline communities to deadly pollution.

The American Petroleum Institute on the other hand slammed the auctions for being too "restrictive."

"At a time when inflation runs rampant across the country, the Biden administration is choosing failed energy policies that are adding to the pain Americans are feeling at the pump," said API President and CEO Mike Sommers.

S.Jordan--TFWP