January 7, 2025
With just two weeks before he hands the keys to the White House to Donald Trump, President Biden is taking some last-minute steps to push back on climate change, including a new ban on offshore oil and gas drilling in most federal waters, reports the BBC.
The move made under the Outer Continental Shelf Lands Act is seen as a significant blow to the oil and gas industry, which has been a major contributor to greenhouse gas emissions. The ban will affect millions of acres of federal waters, making it impossible for companies to drill for oil and gas in these areas.
According to the BBC, the ban is part of a broader effort by the Biden administration to tackle climate change and transition the country to cleaner energy sources. The move has been welcomed by environmental groups, who have been pushing for an end to offshore drilling for years.
President Biden has been a vocal advocate for climate action, and this latest move is seen as a major victory for his administration. The ban on offshore drilling is expected to have a significant impact on the oil and gas industry, which has been a major contributor to greenhouse gas emissions.
The Outer Continental Shelf Lands Act gives the President the authority to withdraw federal waters from oil and gas drilling, and the Biden administration has used this authority to impose the ban. The move is seen as a significant step forward in the fight against climate change, and it is expected to have a major impact on the oil and gas industry.
Environmental groups have been pushing for an end to offshore drilling for years, citing the devastating impact it has on marine ecosystems and the contribution it makes to climate change. The ban is seen as a major victory for these groups, and it is expected to have a significant impact on the oil and gas industry.
The ban on offshore drilling is just the latest in a series of moves by the Biden administration to tackle climate change. The administration has also imposed stricter regulations on methane emissions, invested in clean energy, and promoted energy efficiency.
The move has been welcomed by Democratic lawmakers, who have been pushing for climate action for years. The ban is seen as a major step forward in the fight against climate change, and it is expected to have a significant impact on the oil and gas industry.
However, the move is not without controversy. The oil and gas industry has been a major contributor to the US economy, and the ban is expected to have a significant impact on jobs and revenue. The industry has been pushing back against the ban, citing the economic impact it will have.
Despite the controversy, the ban on offshore drilling is seen as a significant step forward in the fight against climate change. It is expected to have a major impact on the oil and gas industry, and it is a major victory for environmental groups who have been pushing for an end to offshore drilling for years.
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