Joe Biden is signing a host of executive orders
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Joe Biden is set to ban new oil and gas drilling on land owned by the US government as he unveils wide-ranging climate change plans.
Mr Biden indicated his administration would move quickly to reverse Donald Trump s policies on energy and the environment
The indefinite moratorium, expected to be announced on Wednesday, expanded a 60-day suspension of new drilling permits the new president introduced last week.
It also followed Mr Biden s decision to end the $8 billion Keystone XL pipeline project, which was criticised by Justin Trudeau, the Canadian prime minister.
Biden to announce freeze on new oil, gas leases on federal land and other climate-related actions MarketWatch 1/27/2021
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WASHINGTON President Joe Biden is set to announce a wide-ranging moratorium on new oil and gas leasing on U.S. lands and waters, as his administration moves quickly to reverse Trump administration policies on energy and the environment and address climate change.
Two people with knowledge of Biden’s plans outlined the proposed moratorium, which will be announced Wednesday. They asked not to be identified because the plan has not been made been public; some details remain in flux.
The move follows a 60-day suspension of new drilling permits for U.S. lands and waters announced last week and follows Biden’s campaign pledge to halt new drilling on federally controlled land and water as part of his plan to address climate change. The moratorium is intended to allow time for officials to review the impact of oil and gas drilling on the env
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WASHINGTON (AP) President Joe Biden is set to announce a wide-ranging moratorium on new oil and gas leasing on U.S. lands, as his administration moves quick
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