Biden Administration Unveils Reforms to Hold Fossil Fuel Industry Accountable on Public Lands

Today, the Biden administration unveiled long-awaited reforms that will hold the fossil fuel industry to more reasonable standards when operators seek to lease and develop oil and gas on public lands. The Bureau of Land Management’s new Oil and Gas Rule includes new provisions that will save taxpayers money, help ensure public lands are used for their highest value, and better protect communities and the environment.

On top of this, oil and gas drilling on public lands accelerates the climate crisis and results in oil spills and threats to drinking water. The Biden administration’s Oil and Gas Rule is an important step toward correcting these long-standing problems and holding oil and gas companies accountable. We look forward to seeing BLM’s next steps toward tackling the climate impacts of federal oil and gas drilling.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Biden administration’s new rule: Oil, gas companies must pay more to drill on public landsThe new rule does not prohibit new oil and gas leasing on public lands, as many environmental groups have urged. But officials say it would lead to a process that provides a better return to taxpay…
Fonte: mercnews - 🏆 88. / 68 Consulte Mais informação »

Biden Administration Implements New Rule Increasing Costs for Oil and Gas Companies on Federal LandsOil and gas companies will face a significant increase in costs to drill on federal lands under a new rule implemented by the Biden administration. The rule aims to generate more revenue for taxpayers and protect them from cleanup costs. This is the first comprehensive update to the federal oil and gas leasing program in over 30 years.
Fonte: adndotcom - 🏆 293. / 63 Consulte Mais informação »