Thursday, June 20, 2024

The largest auction of drilling offers in the Gulf of Mexico


The administration of US President Joe Biden has announced that it will open more than 320,000 square kilometers in the Gulf of Mexico for oil and gas exploration, and the court overturned the suspension of these measures imposed by the regional government.
The move is a major setback for the White House’s ambitious climate plan. This was immediately criticized by environmental groups.
The Home Office of Ocean Energy Management announced that it would release the final announcement of the sale offer in September, “with a plea for a fall this fall.”
Biden announced in January that he would suspend new oil and gas exploration on federal lands pending a review, while the Democratic president sought to prioritize the climate crisis over his state.
But a federal judge in Louisiana, appointed by former President Donald Trump, handed down a verdict in June.
The summary of the decision, published online, states that the government plans to sell 1.1 billion barrels of oil and 125 billion cubic meters of gas at public auction.
This document refers to the new report of the Panel of Government Experts on Climate Change “which describes the observations of rapid climate change in all parts of the world,” emphasizing that this is not sufficient justification for editing the report on the impact of drilling operations. In this condition the environment.
After the text was released, environmental groups led by the Earth-Justice Coalition sued the Office of Ocean Energy Management and Home Secretary Deb Holland.
“After Hurricane Ida, it is clear that we must do everything we can to stay away from fossil fuels to mitigate the effects of strong and frequent hurricane-like climate change,” said Cynthia Sarto, Managing Director of Healthy Gulf. .
Coalition lawyer Britney Hardy said, “This sale is a huge disappointment.

See also  See wheat harvest in Menufia..and people: high yield per
Rolf Colon
Rolf Colon
"Creator. Award-winning problem solver. Music evangelist. Incurable introvert."

Share post:


More like this

The easiest way to access the best UAE stocks

The most common way to invest in the UAE...

The Rising Demand for Model Ships in Dubai

Dubai, known for its stunning architecture and vibrant economy,...

Exhibition Stand Builders in Dubai

Dubai, a global hub for trade and commerce, is...

Unlocking the Power of Booking Engines in the Hospitality Industry

In an era dominated by technology, the hospitality industry...