Key takeaways:
- Ban on future oil and gas leasing in the entire US Arctic Ocean
- New rules to protect over 13 million acres in the federal National Petroleum Reserve in Alaska from drilling
- Part of the Biden administration’s efforts to combat climate change and promote clean energy sources
President Joe Biden is set to announce sweeping new protections for federal lands and waters in Alaska on Monday, according to an administration official. The announcement will include a ban on future oil and gas leasing in the entire US Arctic Ocean, as well as new rules to protect over 13 million acres in the federal National Petroleum Reserve in Alaska from drilling.
The announcement comes as the Biden administration is preparing to approve the ConocoPhillips’ Willow project, a massive oil drilling venture in the National Petroleum Reserve. The project has been met with criticism from environmental groups, who argue that it will have a negative impact on the environment and wildlife in the region.
The new protections are part of the Biden administration’s efforts to combat climate change and promote clean energy sources. The administration has already taken steps to reduce emissions from power plants and vehicles, and has committed to achieving net-zero emissions by 2050.
The announcement is likely to be met with both praise and criticism. Environmental groups are likely to applaud the move, while oil and gas companies may be concerned about the potential economic impact of the new regulations.
The announcement is expected to be made on Monday, and will be closely watched by both environmentalists and industry groups. It will be a major step forward in the Biden administration’s efforts to combat climate change and promote clean energy sources.
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