Biden caught between climate goals and high gas prices as administration releases new drilling plan ...Egypt

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(CNN) – The Biden administration released a proposed plan on Friday for where the federal government intends to hold offshore oil and gas lease sales in federal waters for the next five years. The plan would mainly limit drilling to the Gulf of Mexico, with one proposed lease sale in waters off Alaska. The Interior Department’s five-year offshore leasing plan is required by law. But it comes at a time when the Biden administration is caught between conflicting goals: its own commitments to slash planet-warming emissions from fossil fuels, and intense political pressure over high gas prices. The plan was also released the day after the Supreme Court ruled federal Clean Air Act does not give t

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Last updated : 02 July 2022 clock 05:12 PM

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Biden caught between climate goals and high gas prices as administration releases new drilling plan ...Egypt

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