Biden’s New Fossil Fuel Leasing Rule Is a “Massive Climate Failure,” Critics Say

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Biden’s New Fossil Fuel Leasing Rule Is a “Massive Climate Failure,” Critics Say
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“President Biden is blowing an opportunity to end oil and gas extraction on public land as the world reels from one climate catastrophe to the next.”

“These changes were badly needed — to put it mildly — and will help make onshore leasing more fair to taxpayers and hold industry accountable for its harms,” said Josh Axelrod, senior policy advocate at the Natural Resources Defense Council. “The agency is aiming to limit leasing to areas with existing development and the most viable resources, and is clarifying how it will implement fiscal reforms in the Biden administration’s historic climate law.

“But we can’t continue to lease our public lands for fossil fuels while facing climate and biodiversity emergencies — and what is truly key moving forward is for the agency to forge an approach for measuring and mitigating the program’s impact on climate,” Axelrod added.president Robert Weissman similarly said that “these rules are a welcome change from the long-standing status quo of policies that provide giveaways to the oil and gas industry.

“Today’s proposed rules would impose realistic financial requirements on oil and gas corporations to pay for the remediation of old, decrepit wells, as federal law requires,” Weissman pointed out. “While these rules are helpful, the Biden administration’s proposal continues with the climate-destroying practice of leasing federal lands for drilling, which is entirely out of sync with the administration’s climate goals,” he emphasized. “But as long as drilling exists on public property, corporate polluters should be held to a high standard for operating and cleaning up their wells.

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