Biden Administration Announces Moratorium on New Federal Oil and Gas Leases
By EsqSocial Corporation 03/02/21
The Biden administration's Executive Order on Tackling the Climate Crisis at Home and Abroad ("Executive Order") expands upon the Department of the Interior's Secretarial Order No. 3395 and indefinitely suspends the federal oil and gas leasing program. As part of a suite of actions that public statements claim are aimed at reducing greenhouse gas emissions and prioritizing land conservation, the Biden administration issued the Executive Order, halting any new oil and gas auctions on federal...
By: Jones Day