The China Mail - Biden administration approves controversial Alaska oil drilling project

USD -
AED 3.672502
AFN 63.999576
ALL 80.977186
AMD 362.829809
ANG 1.790365
AOA 918.000184
ARS 1524.997501
AUD 1.43976
AWG 1.8025
AZN 1.69885
BAM 1.722428
BBD 2.015086
BDT 123.012972
BGN 1.683441
BHD 0.376997
BIF 2995
BMD 1
BND 1.277405
BOB 12.040458
BRL 5.181501
BSD 1.000454
BTN 95.892522
BWP 14.09417
BYN 3.010995
BYR 19600
BZD 2.012171
CAD 1.423715
CDF 2309.999986
CHF 0.835405
CLF 0.024646
CLP 973.179852
CNY 6.704751
CNH 6.709685
COP 3314.79
CRC 456.985341
CUC 1
CUP 24.01166
CVE 97.750138
CZK 21.561986
DJF 177.719945
DKK 6.598698
DOP 59.697254
DZD 133.911021
EGP 51.938599
ERN 15
ETB 163.421342
EUR 0.88272
FJD 2.24775
FKP 0.756991
GBP 0.754035
GEL 2.60498
GGP 0.756991
GHS 11.699323
GIP 0.756991
GMD 73.5159
GNF 8798.844552
GTQ 7.643396
GYD 209.328131
HKD 7.84663
HNL 26.859007
HRK 6.650974
HTG 130.939066
HUF 323.646983
IDR 17897.45
ILS 3.07365
IMP 0.756991
INR 95.93015
IQD 1310.606294
IRR 1693792.500038
ISK 120.930408
JEP 0.756991
JMD 158.336929
JOD 0.709025
JPY 157.684016
KES 129.709357
KGS 87.448698
KHR 4057.22564
KMF 435.00025
KPW 900.000318
KRW 1358.609932
KWD 0.30894
KYD 0.833726
KZT 440.074329
LAK 22455.503791
LBP 89592.031739
LKR 330.60617
LRD 171.583824
LSL 16.385613
LTL 2.95274
LVL 0.60489
LYD 6.399
MAD 9.71296
MDL 17.763022
MGA 4394.578552
MKD 54.34255
MMK 2099.600314
MNT 3599.1704
MOP 8.086624
MRU 40.069045
MUR 47.760183
MVR 15.450398
MWK 1734.754084
MXN 18.076375
MYR 4.083989
MZN 63.909674
NAD 16.385685
NGN 1327.250222
NIO 36.821108
NOK 9.626335
NPR 153.428035
NZD 1.77508
OMR 0.384499
PAB 1.000449
PEN 3.44424
PGK 4.528402
PHP 62.740501
PKR 277.158584
PLN 3.85239
PYG 5852.979771
QAR 3.647324
RON 4.6567
RSD 103.766003
RUB 83.375789
RWF 1477.228194
SAR 3.755513
SBD 8.032647
SCR 13.871342
SDG 601.495377
SEK 10.00818
SGD 1.27803
SHP 0.755829
SLE 24.649652
SLL 20969.491881
SOS 571.727998
SRD 37.6215
STD 20697.981008
STN 21.576683
SVC 8.75393
SYP 13002.000254
SZL 16.377071
THB 33.619691
TJS 9.214436
TMT 3.51
TND 2.978703
TOP 2.40776
TRY 49.036597
TTD 6.787408
TWD 31.882899
TZS 2640.003023
UAH 44.690709
UGX 3921.672237
UYU 40.308767
UZS 11835.41907
VES 857.98905
VND 25962
VUV 119.008285
WST 2.76852
XAF 579.026255
XAG 0.016607
XAU 0.000240904065
XCD 2.70255
XCG 1.803098
XDR 0.707052
XOF 579.026255
XPF 105.029547
YER 236.402537
ZAR 16.43561
ZMK 9001.197648
ZMW 19.559579
ZWL 321.999592
SSP 5712.591902
MXV 2.046206
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Biden administration approves controversial Alaska oil drilling project
Biden administration approves controversial Alaska oil drilling project / Photo: © GETTY IMAGES/AFP

Biden administration approves controversial Alaska oil drilling project

The Biden administration, brushing aside climate concerns from environmental groups, approved a controversial oil drilling project on Monday on Alaska's North Slope.

Text size:

The Interior Department gave the green light to US energy giant ConocoPhillips to drill for oil at three sites in the federally owned National Petroleum Reserve in Alaska's pristine western Arctic.

During the 2020 presidential race, Joe Biden had vowed not to approve any new oil and gas leases on public lands and he had been under intense pressure by environmentalists not to approve the so-called Willow Project.

Alaska lawmakers and other backers of the drilling plan had lobbied strongly for approval of ConocoPhillips's $8 billion project, defending it as a source of several thousand jobs and a contributor to US energy independence, with production of 180,000 barrels of oil per day at its peak, or some 576 million barrels over 30 years.

ConocoPhillips chief executive Ryan Lance welcomed the Interior Department's move as the "right decision for Alaska and our nation," but it was met with immediate criticism from environmental groups.

"We are too late in the climate crisis to approve massive oil and gas projects that directly undermine the new clean economy that the Biden administration committed to advancing," said Earthjustice president Abigail Dillen.

"We know President Biden understands the existential threat of climate, but he is approving a project that derails his own climate goals."

Ben Jealous, executive director of the Sierra Club, said "the harmful effects of President Biden's decision cannot be overstated.

"Willow will be one of the largest oil and gas operations on federal public lands in the country, and the carbon pollution it will spew into the air will have devastating effects for our communities, wildlife, and the climate," Jealous said.

"We will suffer the consequences of this for decades to come."

The Biden administration's approval of the Willow Project came a day after it restricted offshore oil and gas drilling in the Arctic Ocean and barred development in 13 million acres (5.26 million hectares) of Alaska's National Petroleum Reserve.

The move, seen as a trade-off for approval of the Willow Project, will protect an area that is a major habitat for wildlife, including grizzly and polar bears, caribou and hundreds of thousands of migratory birds, the Interior Department said.

- 'Carbon bomb' -

The Trump administration approved the Willow Project at the tail end of the former president's term, but it was blocked by a judge for further review.

The Bureau of Land Management, in an environmental impact analysis in February, approved three drilling sites, while striking down one and deferring consideration of another.

Biden has described global warming as an existential threat and promoted the development of renewable energy sources.

Temperatures in Alaska have been rising faster than in other regions of the planet and environmental groups have warned that the oil extraction project would make things worse.

The Willow Project will add 239 million metric tons of carbon emissions to the atmosphere over the next 30 years, according to Interior Department calculations, equivalent to the annual emissions of 64 coal-fired power plants.

Greenpeace has described it as a "carbon bomb."

A petition on Change.org seeking to halt the project garnered more than 3.2 million signatures and a #StopWillow campaign on TikTok drew tens of millions of views.

Alaska's two Republican senators and the state's sole member of the House, Mary Peltola, a native Alaskan and a Democrat, met with Biden earlier this month to urge him to approve the project and they welcomed the green light on Monday.

"The Willow Project is critically important for Alaska's economy, good-paying jobs for our families, and the future prosperity of our state," Senator Dan Sullivan said. "This decision is also crucial for our national security and environment."

Biden has pledged to cut greenhouse gas emissions in half by 2030 compared to 2005, with the goal of achieving a net zero emissions economy by no later than 2050.

T.Luo--ThChM