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Source: https://www.mining.com/web/biden-poised-to-freeze-oil-and-coal-leasing-on-federal-land/
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President Joe Biden is poised to suspend the sale of oil and gas leases on federal land, which accounts for about 10% of US supplies, according to four people familiar with the matter.
The moratorium, which would also freeze coal leasing, is set to be unveiled along with a raft of other climate policies next week, according to the people, who asked for anonymity to discuss plans not yet public.
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President Joe Biden is poised to suspend the sale of oil and gas leases on federal land, which accounts for about 10% of US supplies, according to four people familiar with the matter.
The moratorium, which would also freeze coal leasing, is set to be unveiled along with a raft of other climate policies next week, according to the people, who asked for anonymity to discuss plans not yet public.
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