Latest News for: Leasing offshore

Edit

Editorial: Climate change is an emergency. Biden should use his executive powers to do more.

Daily Camera 09 Aug 2022
Last week’s unexpected Senate deal on a $369 billion climate spending package is bound to ease pressure on President Joe Biden. Days earlier, when it looked like opposition from West Virginia Sen ... The president is moving forward with leases for oil and gas drilling on federal land and offshore waters, despite pledging not to during his campaign ... .
Edit

Reconciliation Bill Gives Massive Boost to U.S. Offshore Wind

The Maritime Executive 08 Aug 2022
In good news for the oil and gas sector, the final version of the Act ties offshore wind leasing to offshore oil leasing. It requires the federal government to offer at least 60 million acres of the continental shelf at oil and gas lease auctions in the year prior to any offshore wind lease sale.
Edit

COUNTERPOINT: Manchin disappoints with Inflation Reduction Act

Finger Lakes Times 08 Aug 2022
The minimum amount one can bid for an offshore oil lease is going up ... And while the bill does include some incentives for opening up new offshore oil leases, those offshore rigs will still face years of slow, inefficient regulatory processes such as environmental impact statements before oil can come out of the ground.
Edit

Commentary: The new climate bill’s ripple effect on oceans

Finger Lakes Times 08 Aug 2022
Department of Interior must lease at least 60 million acres of offshore ocean waters for fossil fuel drilling every year in regions including the Gulf of Mexico and Alaska before allowing offshore wind leases to go through ... The oil industry is showing little interest in new ocean drilling while the offshore wind industry is booming.
Edit

$369 billion climate funding to 'transition' to green energy: Democrat bill gives $60B for 'environmental ...

The Daily Mail 08 Aug 2022
The bill also mandated some federal offshore and on-shore gas leasing - before a 'right of way,' or lease, can be offered to the solar or wind industries, the federal government must have already offered up to 2 million acres of land for oil and gas leases in the year prior.
Edit

Eni offers up potential 10-well African deep- water drilling contract

Upstream Online 08 Aug 2022
Eni is scouting the market to lease a drillship for a multi-well ...
Edit

Here's what's in the Inflation Reduction Act, the sweeping health and climate bill passed Sunday

Fox31 Denver 08 Aug 2022
The future of solar and wind on public lands and wind in public waters would be tied to requirements to hold lease sales that open up new oil and gas production.The bill reinstates the results of a recent offshore oil and gas lease sale that was struck down on environmental grounds.
Edit

Here’s what’s in the Inflation Reduction Act, the sweeping health and climate bill passed Sunday

The Hill 08 Aug 2022
The future of solar and wind on public lands and wind in public waters would be tied to requirements to hold lease sales that open up new oil and gas production.The bill reinstates the results of a recent offshore oil and gas lease sale that was struck down on environmental grounds.
Edit

Factbox-U.S. climate deal has money for EVs, clean energy and even Big Oil

Yahoo Daily News 08 Aug 2022
(Reuters) - After years of failed attempts to pass major legislation to combat climate change, the U.S. Senate's Inflation Reduction Act is poised to become largest U.S. climate legislation in history ... greenhouse gas emissions ... * A requirement that the Interior Department conduct oil andgas lease sales offshore and onshore for years to come ... ....
Edit

Factbox: U.S. climate deal has money for EVs, clean energy and even Big Oil

Reuters 08 Aug 2022
Senate's Inflation Reduction Act is poised to become largest U.S ... read more ... Methane is seen by scientists and climate policy experts as one of the worst climate offenders, but also one of the easiest to tackle in the near term.A requirement that the Interior Department conduct oil and gas lease sales offshore and onshore for years to come ... ....
Edit

Nearly All Senators Vote Against Sanders’s Amendments to Inflation Reduction Act

truthout 08 Aug 2022
One amendment would have provided $30 billion for climate spending, including for the formation of a Civilian Climate Corps ... Sanders proposed removing a tax credit for carbon capture — which some climate advocates say is a scheme to give fossil fuel facilities funding for greenwashing — and nixing a royalties cap on offshore oil and gas leasing.
Edit

Senate Democrats Finally Get Their Massive Climate, Health Care, and Tax Bill Done

New York Magazine 08 Aug 2022
Senate Majority Leader Chuck Schumer, in very good spirits, after the Senate vote on Sunday. Photo ... Manchin, who has deep political ties to the fossil-fuel industry, was able to win the inclusion of some new federal support for the industry, like mandating new federal offshore gas leasing in the Gulf of Mexico and off the Alaskan coast ... Email ... Tags..
Edit

Climate change is an emergency. Biden should use his executive powers to do more

Korea Times 08 Aug 2022
The unexpected Senate deal on a $369 billion climate spending package is bound to ease pressure on President Joe Biden. Days earlier, when it looked like opposition from West Virginia Sen ... The U.S ... The president is moving forward with leases for oil and gas drilling on federal land and offshore waters, despite pledging not to during his campaign ... .
Edit

Forest Service purchases 75 acres of old mining claims in Paradise Valley thanks to LWCF, nonprofit

Victoria Advocate 08 Aug 2022
Seventy-five acres composed of two old mining claims in the Paradise Valley have been purchased by the Custer Gallatin National Forest, protecting it from development ... The act was endorsed by several Montana politicians on both sides of the aisle, including. Gov ... GYC ... It is funded by revenue the government collects from offshore oil and gas leases ... ....
Edit

In Other Views: Climate change emergency

The Daily Independent - Ashland 08 Aug 2022
EDITOR'S NOTE. Opinions expressed here do not necessarily reflect the views of The Daily Independent. This piece originally appeared in The Los Angeles Times ... Let’s hope not ... Sen ... (AP Photo/J ... The U.S ... The president is moving forward with leases for oil and gas drilling on federal land and offshore waters, despite pledging not to during his campaign ... .

Most Viewed

In this Sunday, Oct. 10, 2021, file photo, a woman holds up Taiwan national flags during National Day celebrations in front of the Presidential Building in Taipei, Taiwan
AP / Chiang Ying-ying, File
The Carmunnock Highland Games, weight over the bar, City of Glasgow
Creative Commons / Rosser1954 https://commons.wikimedia.org/wiki/User:Rosser1954
×