Biden revokes Trump’s permits for oil production in Alaska

Biden revokes Trump's permits for oil production in Alaska

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US President Joe Biden has canceled permits to lease land in Alaska for the development of oil and gas fields, which were issued under former US President Donald Trump. Biden’s statement published on the White House website.

The American leader explained that such a decision was made to protect land and nature in the Western Arctic. “As temperatures rise twice as fast in Alaska as in other parts of the world due to the climate crisis, we have a responsibility to preserve this valuable region,” the statement said.

By data CNN, we are talking about the cancellation of seven lease agreements for sites on the territory of the national Arctic wildlife sanctuary. US Secretary of the Interior Deb Haaland stressed that the president’s decision means that “no one will have the rights to extract oil in one of the most sensitive landscapes on Earth.”

In September 2019, Trump, then President of the United States, proposed to extract oil in Alaska on the territory of the National Arctic Reserve, wrote The Wall Street Journal. He stated that the development of these lands could become a new source of income for oil companies and an impetus for the development of the region’s economy. At the same time, environmentalists opposed Trump’s initiative.

A Republican tax bill passed in 2017 opened the Alaska stretch to oil companies for exploration and mandated two lease sales by December 2024. Prior to that, exploration and production of oil and gas in the Arctic Reserve had been banned.

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