The Biden administration said Friday it will resume selling leases for oil and gas drilling on public lands. As part of its plan, the Interior Department will increase the royalty rate for new leases by about 50%. Climate action groups say the move is dangerously out of step with U.S. commitments to curb emissions under the Paris Climate Accord. The Sunrise Movement responded in a statement, “The fact of the matter is that more drilling won’t solve high gas prices right now—so why is Biden breaking his campaign promise to stop drilling on public lands?”
Biden to Resume Oil & Gas Drilling on Public Lands
HeadlineApr 18, 2022