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Search resuls for: "Erik Milito"


4 mentions found


☆ Biden angers all sides with scaled back offshore oil drilling plan
  + stars: | 2023-09-29 | by ( Nichola Groom Jarrett Renshaw | Nichola Groom | Jarrett Renshaw | ) www.reuters.com   time to read: +4 min
Biden's Interior Department on Friday unveiled a congressionally mandated five-year plan for offshore oil drilling that included just three sales, all in the Gulf of Mexico -- the lowest number in any five-year plan since the government began publishing them in 1980. Previous five-year offshore lease programs have ranged between 11 and 41 sales, according to Interior's U.S. Bureau of Ocean Energy Management. The Inflation Reduction Act, a landmark climate change law passed last year, made oil and gas lease sales a prerequisite for new offshore wind power auctions. Biden sees offshore wind power as a key element to his plan to decarbonize the U.S. economy by 2050. In a sign of the litigious nature of U.S. drilling policy, Biden's administration had been scheduled to hold a Congressionally mandated Gulf of Mexico oil and gas lease auction this month.
Persons: Biden, Erik Milito, Abigail Dillen, we've, Mike Sommers, Bill Cassidy, Vladimir Putin, Cassidy, Trump, Nichola Groom, Jamie Freed, Daniel Wallis Organizations: Biden's, Department, Reuters, National Ocean Industries Association, U.S . Bureau of Ocean Energy Management, Bureau of Ocean Energy Management, Interior Department, Biden, American Petroleum Institute, U.S . Chamber of Commerce, Gulf Coast, OPEC, Organization of, Petroleum, ., Interior, Thomson Locations: Gulf of Mexico, U.S, Gulf, Mexico, Putin, Louisiana, Russia, California
☆ Judge Blocks Government Plan to Scale Back Gulf Oil Lease Sale to Protect Whale Species
  + stars: | 2023-09-22 | by ( Associated Press | Sept. | At A.M. | ) www.usnews.com   time to read: +3 min
That area was reduced to 67 acres (27 hectares) in August when Interior's Bureau of Ocean Energy Management announced final plans for the sale. Chevron, Shell Offshore, the American Petroleum Institute and the state of Louisiana sued to reverse the cut in acreage and block the inclusion of the whale-protecting measures in the lease sale provisions. They also said the changes after the initial lease sale was proposed in March violate federal law because they were adopted arbitrarily, without sufficient explanation of why they are needed. Political Cartoons View All 1173 ImagesMeanwhile, rival litigation filed by Earthjustice and other prominent environmental groups seeks to halt the lease sale. The organizations say the lease sale violates the National Environmental Policy.
Persons: Biden, James David Cain Jr, Lake Charles, BOEM, Earthjustice, ” Erik Milito, Steve Mashuda Organizations: ORLEANS, —, Interior Department, Interior's Bureau of Ocean Energy Management, District, Shell, American Petroleum Institute, Environmental, Energy, National Ocean Industries Association Locations: Gulf, Mexico, Lake, Maryland, Chevron, Louisiana, Gulf Coast
☆ First-ever California offshore wind auction surpasses $757 million in bids
  + stars: | 2022-12-07 | by ( Emma Newburger | ) www.cnbc.com   time to read: +2 min
The Biden administration on Wednesday announced more than $757 million in winning bids for its auction of offshore wind development rights in California, marking the third offshore wind lease sale this year and the first ever for the Pacific region. The sale is a major milestone in the administration's goal of building offshore wind turbines across the nation's coastlines to help power communities and transition to clean energy. The White House, as part of its broader agenda to address climate change, has committed to deploy 30 gigawatts of offshore wind energy by 2030, enough to power 10 million homes. "Floating wind technology in its early stages but it is an advanced technology that will lead to strong growth in the deployment of offshore wind." Winning bidders include California North Floating, RWE Offshore Wind Holdings, Central California Offshore Wind and Invenergy California Offshore.
☆ U.S. sets March date for Gulf of Mexico drilling auction
  + stars: | 2022-10-20 | by ( ) www.reuters.com   time to read: +2 min
Oct 20 (Reuters) - The Biden administration on Thursday said it will hold a Gulf of Mexico drilling auction in March of next year to satisfy a requirement in the government's new climate change law. Register now for FREE unlimited access to Reuters.com RegisterThe sale would be the first Gulf of Mexico oil and gas auction mandated under the Inflation Reduction Act (IRA), which President Joe Biden signed into law in August. Biden paused drilling auctions on federal lands and waters shortly after taking office as part of a climate change agenda. The IRA requires that BOEM now hold offshore auctions in the Gulf of Mexico and Alaska that the administration canceled earlier this year. It is also in the process of finalizing a five-year proposal for offshore oil and gas development.
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