Washington, DC - Friends of the Earth released a policy paper today outlining how President Biden and Congress can counteract the oil and gas sector’s disingenuous efforts to open up more public lands and waters to drilling. This comes as the industry and its lobby groups continue to use the Russian invasion of Ukraine to push for more public land and waters leasing, which would have zero impact on the current global energy crisis and high gas prices.
“Big Oil’s Shell Game: A Highly Subsidized House of Cards” overviews how the industry already holds 23.2 million acres of unused, idle public leases – enough to last decades without new leasing. If developed, this stockpile of leased public resources would lock in at least a half century of climate change-inducing emissions, pushing the world beyond the climate tipping point.
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