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According to Biden, the environmental dangers of new offshore oil and gas drilling — and the knock-on effects for the fishing, recreation and tourism industries — outweigh the potential energy ...
A group of Republican-led states filed a lawsuit on Friday challenging a ban announced by outgoing Democratic U.S. President Joe Biden earlier this month on new offshore oil and gas development ...
(The Center Square) – U.S. Sen. Ted Cruz, R-TX, filed a new bill to bolster U.S. energy production, led by the Texas oil and natural gas industry. Cruz on Thursday filed a bill to repeal a tax ...
The Interior Department includes the agency responsible for offshore renewable energy development in federal waters, the Bureau of Ocean Energy Management. Almost 65 gigawatts of offshore wind capacity is under development in the U.S., enough to power more than 26 million homes, according to the American Clean Power Association.
“This move directly undermines American energy consumers and jeopardizes the vast benefits tied to a thriving domestic energy sector,” said Erik Milito, the group's president. Even if there’s no immediate interest in drilling in some offshore areas, “it’s crucial for the federal government to maintain the flexibility to adapt" to ...
A study done from 2014 in Michigan analyzing the effects of offshore wind farms on the Great Lakes has shown improvement to air quality. [49] Results from this study indicated a decrease in all common air pollutants as a result of the development of offshore wind energy, as well as a projected 25% decrease in CO2 emissions by 2050. [50]
In 2010, the US Energy Information Agency said "offshore wind power is the most expensive energy generating technology being considered for large scale deployment". [5] The 2010 state of offshore wind power presented economic challenges significantly greater than onshore systems, with prices in the range of 2.5-3.0 million Euro/MW. [36]
Congress needs to act to reverse the Biden administration's energy ... the Biden-Harris administration implemented yet another offshore drilling ban on more than 625 million acres of American ...