Winnipeg Free Press By: Bob Weber, The Canadian Press Posted:
Last Modified: 5:51 PM CST Wednesday, Jan. 6, 2021 Save to Read Later
Federal politicians and northern First Nations expressed concern over Wednesday s sale of energy leases in Alaska s Arctic National Wildlife Refuge.
In this undated file photo provided by the U.S. Fish and Wildlife Service, an airplane flies over caribou from the Porcupine caribou herd on the coastal plain of the Arctic National Wildlife Refuge in northeast Alaska. Federal politicians and northern First Nations are expressing concern over the sale of energy leases in Alaska s Arctic National Wildlife Refuge. THE CANADIAN PRESS/AP, U.S. Fish and Wildlife Service
Image: Shutterstock
The Trump administration has held an auction for rights to drill for oil in Alaska’s Arctic National Wildlife Refuge (ANWR) and has received lower than expected interest from bidders.
The sale generated around $14.4 million (£10.6m) in bids, which is lower than the Congressional Budget Office’s estimate of $1.8 billion (£1.3bn).
The Alaska Industrial Development and Export Authority, a state agency, emerged as the sole high bidder of the oil and gas lease sale.
Several environmental organisations had opposed oil and gas drilling on the Arctic Refuge as it would threaten wildlife and worsen the effects of climate change.
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