Biden bans most offshore drilling in one of his final acts of ‘political revenge on the American people’
President Joe Biden on Monday made clear his desire to continue burning bridges and salting the earth as he leaves office, this time calling for all new offshore oil and gas drilling along the entire U.S. Atlantic coast and eastern Gulf of Mexico. announced a ban. They live in Pacific waters off the coasts of […]
Biden Enacts Last-Minute Offshore Drilling Ban Across Vast Swath Of US Waters
The Biden administration on Monday announced a ban on future offshore oil and gas activity across 625 million acres of the outer continental shelf. This area is larger than the area of land included in the waning Louisiana Purchase of 1803. of action Future drilling will be halted on 250 million acres along the East […]
Biden bans offshore drilling in 625M acres of federal waters before Trump admin
President Biden on Monday announced an 11th-hour executive action banning new drilling and further oil and gas development in more than 625 million acres of U.S. coastal and offshore waters. Biden, whose term ends in two weeks, said he would use his authority to protect offshore areas along the East and West Coasts, the eastern […]
Biden Moves to Permanently Foil Trump, Ban Offshore Drilling in Some U.S. Waters
Outgoing President Joe Biden has announced new oil and gas drilling in much of the Atlantic and Pacific Oceans, a move aimed at derailing President-elect Donald Trump's ambitions to become completely self-sufficient in the United States' energy supply. is expected to be permanently banned. new york times report Mr. Biden intends to invoke the Outer […]
Local Maryland lawmakers take on foreign offshore to save commercial fishing jobs
Matt Wilicki, Substack's “Irrational Fear” columnist, discusses the costs and effects of President Biden's climate change policies on “The Bottom Line.” On the largely undeveloped Delmarva Peninsula, which is bounded by the Chesapeake Bay to the west and the Atlantic Ocean to the east and includes parts of Delaware, Maryland and Virginia, local lawmakers are […]
Nantucket group appeals to Supreme Court to end offshore wind projects and protect endangered whales
Maine fishermen aim to sink Biden's offshore wind project FOX Business' Lydia Hu reports on President Biden's wind energy plan, which is opposed by Maine's fishing industry. Jerry Lehman, founder of New England Fishermen's Stewardship, explained how the plan poses risks to marine life and fisheries, saying, “It will paralyze us.” A group of Nantucket […]
Biden Celebrates Offshore Wind ‘Progress’ Despite Industry’s Major Struggles, Cancellations
President Joe Biden on Thursday touted the “progress” made in offshore wind during his term, even as the industry struggles considerably with rising inflation and interest rates. Biden: Official Statement Biden on Thursday celebrated his administration's 10th approval of offshore wind development, touting his signature policy to encourage developers to build new projects — but […]
Woman, child, tortoise, cat rescued from sailboat offshore Hawaii
The US Coast Guard and Navy rescued a woman, her daughter, and their pet cat and turtle from a yacht that was caught in bad weather about 925 miles off the coast of Hawaii. According to a Coast Guard news release, watchers at the Joint Rescue Coordination Center (JRCC) in Honolulu received a distress alert […]
Biden-Subsidized Offshore Wind Developer Reports Massive Losses In Latest Blow To Industry
The Danish renewable energy group posted a huge impairment loss on Thursday in its first-half 2024 results after postponing the launch of one of its US offshore wind projects. Orsted estimates that asset values will decline by $472 million in the first half of 2024, driven primarily by delays to the onshore substation for its […]
California regulators step up support for offshore wind
The California Public Utilities Commission (CPUC) on Friday stepped up its support for offshore wind power with a proposal to fund the procurement of up to 7.6 gigawatts. ofsuggestionIt recommended that three rounds of offshore wind projects be solicited starting in 2027, with power expected to start being delivered in 2035, 2036 and 2037. In […]