Just days after US President Joe Biden called global warming 'an existential threat to human existence', the US proceeded with the nation's largest-ever auction of oil and gas permits, reports Kenny Stancil.
The Biden administration has announced that it will impose a 20-year mining moratorium on thousands of acres of land in Minnesota by citing the need to protect the natural environment, potentially dealing a blow to Twin Metals, a major mining firm with interests in the region. The move has attracted criticism from mining associations and lawmakers who insist that mining is necessary for the country’s mineral security.
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The U.S. Department of Interior's (DOI) Bureau of Land Management (BLM) is proposing to replace the Obama-era Waste Prevention Rule, which governs flaring and venting of associated natural gas on public and tribal lands, with requirements similar to those that were in force prior to the rule’s adoption in 2016.