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Climate bill's unlikely beneficiary: US oil and gas industry - Vimarsana News

Climate bill's unlikely beneficiary: US oil and gas industry

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

Climate bill's unlikely beneficiary: oil and gas industry - Vimarsana News

Climate bill's unlikely beneficiary: oil and gas industry

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

Climate bill's unlikely beneficiary: US oil and gas industry - Vimarsana News

Climate bill's unlikely beneficiary: US oil and gas industry

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.

Climate bill's unlikely beneficiary: US oil and gas industry - Vimarsana News

Climate bill's unlikely beneficiary: US oil and gas industry

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.

Source: kpbs.org
Experts explain how the Inflation Reduction Act helps fight climate change - Vimarsana News

Experts explain how the Inflation Reduction Act helps fight climate change

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

Source: go.com