August 18, 2022

Taylor Daily Press

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US wants to grant new offshore drilling licenses despite Biden promise |  Now

US wants to grant new offshore drilling licenses despite Biden promise | Now

US President Joe Biden’s administration plans to issue 11 new offshore oil drilling licenses over the next five years. Ten of them will be delivered to the Gulf of Mexico and one to Alaska. Not everyone is happy about that, since Biden promised not to issue new permits during his campaign.

It’s a proposal that could be criticized in the coming months. It’s expected to be from climate activists who believe Biden is reneging on his campaign promises with the new licenses.

The concerned companies are also not interested in the new schemes of the government. “A reliable and affordable energy supply requires long-term planning, a government-wide approach and clear signals to the market,” said Marty Durbin, who represents U.S. energy companies at the Chamber of Commerce. “This proposal does none of those things.”

The government’s proposal on Friday came a day after the Supreme Court ruled that the environmental agency EPA does not have the authority to impose limits on existing power plants’ greenhouse gas emissions. The ruling complicates the government’s climate plans.

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