Oil and gas industry benefit from new climate bill
While the law largely focuses on clean energy incentives, it also secures new drilling opportunities for oil and gas companies.
Source: wcnc.com
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Climate bill's unlikely beneficiary: US oil and gas industry - New Delhi Times - India Only International Newspaper
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 Gulf of Mexico over future global warming emissions from burning the fuels. It came at a pivotal time for Chevron, Exxon and other industry players: the Biden administration had…
Source: newdelhitimes.com
Biden's climate change measure promises future land leases for oil companies
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: pbs.org
Climate change? Inflation Reduction Act boosts US oil and gas industry
While the climate bill signed Tuesday by President Joe Biden focuses on clean energy incentives, it also buoys oil and gas interests. Here's how.
Source: usatoday.com
Oil and gas industry benefit from new climate bill
While the law largely focuses on clean energy incentives, it also secures new drilling opportunities for oil and gas companies.
Source: newscentermaine.com