Biden permanently bans offshore drilling in 625 million acres of ocean, making a Trump reversal difficult
CNN
President Joe Biden on Monday announced an executive action that will permanently ban future offshore oil and gas development in parts of the Atlantic and Pacific oceans in a way that could be especially difficult for the incoming Trump administration to undo.
President Joe Biden on Monday announced an executive action that will permanently ban future offshore oil and gas development in parts of the Atlantic and Pacific oceans in a way that could be especially difficult for the incoming Trump administration to undo. Biden’s executive action will ban new oil and gas leasing across 625 million acres of US ocean. The ban will prevent oil companies from leasing waters for new drilling along the entire East Coast, the eastern Gulf of Mexico, the coasts of Washington, Oregon and California, and portions of Alaska’s Northern Bering Sea. “My decision reflects what coastal communities, businesses, and beachgoers have known for a long time: that drilling off these coasts could cause irreversible damage to places we hold dear and is unnecessary to meet our nation’s energy needs,” Biden said in a statement. “It is not worth the risks.” The action, which CNN reported on Friday, invokes the 1953 Outer Continental Shelf Lands Act, a law that gives presidents broad authority to withdraw federal waters from future oil and gas leasing and development. The law does not give presidents explicit authority to revoke the action and place federal waters back into development, meaning President-elect Donald Trump would have to get Congress to change it before he could reverse Biden’s move. As Biden’s presidency draws to a close, environmental and climate groups have advocated for him to withdraw areas off the Eastern Gulf of Mexico, as well as other parts of the Atlantic and Pacific oceans — giving the areas permanent protections from future drilling. The move would guard against future oil spills and against adding more planet-warming pollution from fossil fuels to the atmosphere.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
The European Union has urged China to ease restrictions on rare earth materials – critical for everything from cars to washing machines – after Beijing’s export controls disrupted supplies and triggered production turmoil across industries in Europe and America.
American businesses are fed up with President Donald Trump’s major
Elon Musk’s 36-word social media missile directed at the cornerstone of President Donald Trump’s legislative agenda marked the latest, if most visceral, example of a growing problem for the White House.
High economic uncertainy has hiring grinding to a halt at US businesses.
The owner of Pornhub has suspended access to the website for users in France because of its objections to a new French law requiring pornographic sites to verify the age of their users, the country’s communications regulator said Tuesday.
While many US businesses are shifting manufacturing to southeast Asian countries to avoid heavy tariffs on China, the Dominican Republic has emerged as an attractive option thanks to its “free zones” and proximity to the US.
US President Donald Trump said Chinese leader Xi Jinping was “extremely hard to make a deal with” in a comment that comes as frictions rise between the two countries, weeks after they reached an agreement to de-escalate trade tensions.
The CEO of Google’s AI research arm DeepMind isn’t too worried about an AI “jobpocalypse.”
US tariffs on steel and aluminum doubled to 50% as of 12:01 am ET on Wednesday, a move cheered by the beleaguered US steel industry but decried by heavy users of the metals, from car makers to can manufacturers.
Warner Bros. Discovery shareholders voted on Tuesday to reject the pay packages for several of the company’s executives, including CEO David Zaslav’s compensation package of more than $50 million.
America’s two big public broadcasters, PBS and NPR, have 45 days to salvage their federal funding — starting now.
The US is at a low risk of an imminent economic crisis — but high risk in the long term, billionaire investor Ray Dalio writes in a new book.
McDonald’s is bringing back a once-iconic, long-requested, fan favorite food item: the Snack Wrap.