Biden begins massive Inflation Reduction Act oil leasing on public lands
The
"These announcements perpetuate the fiction that we can expand fossil fuel developments and still have a chance of avoiding the catastrophes of 1.5 degrees Celsius of warming," said
Citing the Inflation Reduction Act, the Bureau this morning announced plans to auction off leases, in the first half of 2023, that span more than 250,000 acres of public lands in
Several analyses show that climate pollution from the world's already-producing fossil fuel fields, if fully developed, will push warming past 1.5 degrees Celsius. Avoiding such warming requires ending new investment in fossil fuel projects and phasing out production to keep as much as 40% of already-developed fields in the ground.
Frontline and climate groups slammed the Inflation Reduction Act's oil and gas leasing provisions for perpetuating the climate crisis and decades of environmental injustice wrought on people living in sacrifice zones by fossil fuel companies and the federal government.
Thousands of organizations and communities across
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Original text here: https://biologicaldiversity.org/w/news/press-releases/biden-begins-massive-inflation-reduction-act-oil-leasing-on-public-lands-2022-10-06/


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