Page 16 - Beverly Wright News Today

BILLINGS, Mont. (AP) -- The U.S. oil industry hit a legal roadblock in January when a judge struck down a $192 million oil and natural gas lease sale in

The climate measure President Joe Biden signed bypasses the administration's concerns about emissions and guarantees new drilling opportunities.

The U.S. oil industry hit a roadblock in January when a judge struck down a $192 million lease sale in the Gulf of Mexico. The setback was short-lived.

The legislation mandates several oil and gas lease sales. It also locks renewables and fossil fuel together for 10 years. So if the Biden administration wants solar and wind, it must first offer new oil and gas leases.

Advocates and experts are calling the Inflation Reduction Act one of the country's most important steps to address climate change and potentially decrease energy costs

Legislation will push renewable energy projects, offer tax breaks on electric vehicles and cut emissions by up to 44% of 2005 levels, if bill can make it through Congress

It would bring President Biden closer to his pledge to cut greenhouse gas emissions in half by 2030.

An unexpected deal reached by Senate Democrats would be the most ambitious action ever taken by the United States to address global warming and could help President Joe Biden come close to meeting his pledge to cut greenhouse gas emissions in half by 2030, experts said on July 28, 2022.

WASHINGTON (AP) -- An unexpected deal reached by Senate Democrats would be the most ambitious action ever taken by the United States to address global

WASHINGTON (AP) -- An unexpected deal reached by Senate Democrats would be the most ambitious action ever taken by the United States to address global