A federal court ruled on Thursday that the results of an oil and gas lease auction in the Gulf of Mexico were unconstitutional because the Biden administration failed to sufficiently account for the sale’s climate change impact.The ruling has placed doubt on the future of the United States’ government offshore drilling programme, which has been a major source of public income for decades but has also garnered the ire of environmentalists worried about its environmental damage and role in global warming.
On 1.7 million acres sold, the sale garnered more than $190 million, the most since 2019. It garnered proposals from major US oil companies such as Exxon Mobil Corp (XOM.N) and Chevron Corp. (CVX.N).Contreras concurred, criticizing the government for disregarding the newest evidence on the importance of oil and gas production in global warming and removing international consumption from its greenhouse gas emissions calculations.
Contreras concurred, criticizing the government for disregarding the newest evidence on the importance of oil and gas production in global warming and for eliminating international consumption from its greenhouse gas emissions calculations.The judgement is being reviewed by the Interior Department, which controls federal oil and gas production.
Biden ran for President partly on a promise to limit federal oil and gas drilling in order to combat climate change, but efforts to halt fresh auction were unsuccessful after Gulf Coast states sued.Interior spokesman Melissa Schwartz stated in a statement, “We have discovered severe weaknesses in the federal oil and gas programme.” “We must take the opportunity to implement important and long-overdue programmatic adjustments, especially in light of the climate catastrophe.”