Connect with us

Hi, what are you looking for?

Editor's Pick

‘Exciting chapter’: Interior Sec takes aim at Biden oil lease ban, ‘coercive’ climate policies in Day 1 orders

President Donald Trump’s administration is taking aim at various Biden-era environmental rules and regulations by stripping the energy sector of ‘coercive’ climate policies and oil lease bans, and launching internal investigations into agency actions that ‘burden’ energy development.

Secretary of Interior Doug Burgum, who was sworn-in on Friday, spent his first full day on the job implementing six new orders that reinforce Trump’s agenda and set the tone for the department over the next four years.

The secretary’s orders include examining ways to eliminate ‘harmful’ and ‘coercive’ climate policies, lifting Biden-era bans on oil and gas leases, and conducting a review of the legislation that funded the former administration’s green energy agenda, known as the Inflation Reduction Act (IRA).

‘Today marks the beginning of an exciting chapter for the Department of the Interior,’ Burgum said in a statement. ‘We are committed to working collaboratively to unlock America’s full potential in energy dominance and economic development to make life more affordable for every American family while showing the world the power of America’s natural resources and innovation.’

In a press release issued on Monday, Burgum announced the department’s first initiatives.

The DOI pledged to expedite the completion of all authorized infrastructure and environmental projects to address the National Energy Emergency, which was declared by Trump on Inauguration Day.

The department will also conduct a review of all appropriations from the IRA, after former President Joe Biden spent the remaining months of his presidency trying to rapidly dish out funds from the bill to fund green energy projects across the country. 

Additionally, the DOI said that for every new regulation issued, the department will eliminate at least 10 existing ones as part of Trump’s ‘deregulation agenda.’

Burgum also demanded ‘immediate compliance’ with Trump’s overturning of Biden’s oil and gas lease ban, specifically in the Outer Continental Shelf, and said the department will be conducting a review of all agency actions that ‘potentially burden the development of domestic energy resources.’

The DOI, on Monday, also withdrew a June 2021 Biden administration order that halted oil and gas leasing in the Arctic National Wildlife Refuge, a coastal plain that the first and second Trump administrations have eyed as an oil and gas resource. 

‘Together, we will ensure that our policies reflect the needs of our communities, respect tribal sovereignty, and drive innovation that will keep the U.S. at the forefront of energy and environmental leadership,’ Burgum said in a statement.

Climate activist groups, however, have not been supportive of Burgum’s nomination.

‘From opening more public lands for extraction to attacking countless protections of lands, water, and wildlife, it’s clear that President Trump is committed to expanding fossil fuels and catering to industry at the expense of our climate, public lands and waters, and wildlife,’ Earthjustice, an environmental law group, wrote in opposition to Burgum’s nomination.

This post appeared first on FOX NEWS







    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.



    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Latest News

    Not since LeBron James was drafted 20 years ago has there been this much excitement about an NBA prospect – as shown by the...

    Editor's Pick

    IoT Analytics published the Q1/2023 update of their “Global Cellular IoT Module and Chipset Market Tracker & Forecast” – an interactive dashboard and structured...

    Latest News

    Here’s a look at the life of Imelda Marcos, the former first lady of the Philippines. Wife of the late Ferdinand Marcos, who ruled...

    Economy

    This year marks the 78th anniversary of the atomic bombings of Hiroshima and Nagasaki. On August 6th, 1945 “Fat Man” instantly killed 80,000 of...

    Disclaimer: Boostyoursavings.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 Boostyoursavings.com