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Biden Suspends New Oil-And-Gas Leases As Gas Prices Hit Record Highs

by Zack Budryk
2 years ago
in News and Opinion
Reading Time: 2 mins read
A A
3

bidenThe Biden administration will suspend or delay new federal oil-and-gas leasing following a court ruling against the process by which it calculates the social cost of climate change, the administration announced Saturday night.

On Feb. 11, Judge James Cain of the Western District of Louisiana, a Trump appointee, blocked the administration’s method of calculating the social costs associated with greenhouse gases, the primary driver of climate change.

The Biden administration had returned to Obama-era calculation methods, with plans to develop its own in the future.

In his ruling, Cain blocked federal agencies from considering findings from the White House Interagency Working Group, which had been tasked with devising new metrics based on the Obama-era calculations.

It also bars the administration from considering the global impacts of greenhouse gas emissions, one of the major distinctions that made the Obama estimates far higher than the Trump administration.

In a legal filing Saturday evening, the Justice Department asked the court to stay the injunction, citing the likelihood that its appeal of the decision will succeed.

“From President Nixon on, every President has imposed some internal Executive Branch requirement for federal agencies to assess the costs and benefits of major government actions,” the filing states.

“The injunction further calls into question the authority of the past three Administrations to provide standardized guidance to agencies on appropriate methods of estimating the social cost of greenhouse-gas emissions.”

In the meantime, “work surrounding public-facing rules, grants, leases, permits, and other projects has been delayed or stopped altogether so that agencies can assess whether and how they can proceed,” the filing states.

Read rest at The Hill

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Spain's Energy Crisis: 62,000 People Bankrupt After Investing In Solar

Comments 3

  1. Brian James says:
    2 years ago

    February 19, 2022 Biden, Suozzi & fellow Dems should blame themselves — not Con Ed — for soaring electric bills

    Gov-wannabe Tom Suozzi is right to be furious about Con Ed’s request for an 11% hike in electric rates and 18% for gas. Yet rather than blame the company, Suozzi should point his finger at fellow Democrats — and probably himself, too. It’s their climate-change agenda that’s driving up the bill.

    https://nypost.com/2022/02/19/dems-should-blame-themselves-not-con-ed-for-soaring-electric-bills/?utm_source=url_sitebuttons&utm_medium=site%20buttons&utm_campaign=site%20buttons

  2. F JOE B says:
    2 years ago

    I can hardly wait for retard joe’s crackdown on
    putin’s invasion of ukraine

    Visions of september 1. 1939 , anyone ?

    Putin wants to be the Joe Stalin or Hitler of the 21st century

    Do we have drones or not ?

    Assassinate this PIG IMMEDIATELY !

  3. Spurwing Plover says:
    2 years ago

    How soon will Emperor Palpatine Biden be signing E.O. repealing the whole U.S. Constitution and replacing it with UN Treaties?

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