Biden's Offshore Plan Upsets Oil Industry and Environmentalists Alike - The Maritime Executive
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"articleBody": "The Biden administration plans to reduce the frequency of future offshore oil and gas lease sales to a historic low, drawing the ire of the energy industry without satisfying the objectives of environmental groups.
The Department of the Interior's five-year plan "phases down" oil and gas auctions in the U.S. Gulf of Mexico with three lease sales, one each in 2025, 2027 and 2029. It also calls for a moratorium on E&P leasing off the Atlantic, Pacific and Alaskan coastlines.
In a statement Friday, the Department of the Interior noted that this would be the smallest number of offshore oil and gas lease sales in industry history. It also explained that the number was the minimum needed to comply with a leasing provision in the Inflation Reduction Act: this clause requires the administration to hold at least one offshore E&P auction in the same year it holds an offshore wind lease auction.
The one-for-one provision was added during the White House's negotiations with Senator Joe Manchin (D-WV), an energy-industry advocate whose vote was required to pass the IRA. In recent months, Sen. Manchin has made clear that he believes the Biden administration has violated the spirit of that compromise.
"This administration is trying as hard as they can to implement a version of the legislation that never passed," said Manchin in an interview Sunday. "You can't just go with all renewables if you aren't producing the energy the country needs."
The American Petroleum Insitute (API), the largest oil and gas producers' association, also slammed the five-year plan and accused the administration of implementing a "coordinated strategy to reduce energy production."
"For decades, we’ve strived for energy security and this administration keeps trying to give it away," said API President and CEO Mike Sommers.
Environmental groups also decried the administration's lease plan, but for the opposite reason: for climate activists, three auctions in five years is still three auctions too many.
“[The lease plan] piles more harm on already-struggling ecosystems, endangered species and the global climate,” said Brady Bradshaw, senior oceans campaigner at the Center for Biological Diversity. “We need Biden to commit to a fossil fuel phaseout, but actions like this condemn us to oil spills, climate disasters and decades of toxic harm to communities and wildlife.”
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Biden's Offshore Plan Upsets Oil Industry and Environmentalists Alike
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<p>The Biden administration plans to reduce the frequency of future offshore oil and gas lease sales to a historic low, drawing the ire of the energy industry without satisfying the objectives of environmental groups.</p>
<p>The Department of the Interior's five-year plan "phases down" oil and gas auctions in the U.S. Gulf of Mexico with three lease sales, one each in 2025, 2027 and 2029. It also calls for a moratorium on E&P leasing off the Atlantic, Pacific and Alaskan coastlines. </p>
<p>In a statement Friday, the Department of the Interior noted that this would be the smallest number of offshore oil and gas lease sales in industry history. It also explained that the number was the minimum needed to comply with a leasing provision in the Inflation Reduction Act: this clause requires the administration to hold at least one offshore E&P auction in the same year it holds an offshore wind lease auction.</p>
<p>The one-for-one provision was added during the White House's negotiations with Senator Joe Manchin (D-WV), an energy-industry advocate whose vote was required to pass the IRA. In recent months, Sen. Manchin has made clear that he believes the Biden administration has violated the spirit of that compromise. </p>
<p>"This administration is trying as hard as they can to implement a version of the legislation that never passed," said Manchin in an interview Sunday. "You can't just go with all renewables if you aren't producing the energy the country needs." </p>
<p>The American Petroleum Insitute (API), the largest oil and gas producers' association, also slammed the five-year plan and accused the administration of implementing a "coordinated strategy to reduce energy production."</p>
<p>"For decades, we’ve strived for energy security and this administration keeps trying to give it away," said API President and CEO Mike Sommers. </p>
<p>Environmental groups also decried the administration's lease plan, but for the opposite reason: for climate activists, three auctions in five years is still three auctions too many. </p>
<p>“[The lease plan] piles more harm on already-struggling ecosystems, endangered species and the global climate,” said Brady Bradshaw, senior oceans campaigner at the Center for Biological Diversity. “We need Biden to commit to a fossil fuel phaseout, but actions like this condemn us to oil spills, climate disasters and decades of toxic harm to communities and wildlife.”</p>
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<a href="https://maritime-executive.com/article/japan-s-navy-works-alongside-u-s…; target="_blank" class="font-firasans">Japan's Navy Works Alongside U.S. Drone Ships in Trials Off Yokosuka</a>
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Published
Oct 1, 2023 11:58 PM by
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The U.S. Navy's "Ghost Fleet Overlord" unmanned vessels have attracted attention in exercises off Hawaii and the U.S. West Coast, and last week they were spotted in first-of-a-kind drills with Japan's navy near the U.S. base at Yokosuka.
Last Wednesday, the Japanese frigate JS Kumano joined the Independence-class littoral combat ship USS Oakland and the USVs Ranger and Mariner for a series of maneuvers in Sagami Bay. The objective was to work on "tactical capability and interoperability," according to the...
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<a href="https://maritime-executive.com/article/sri-lanka-s-compensation-for-x-p…; target="_blank" class="font-firasans">Sri Lanka's Compensation for X-Press Pearl Disaster Rises to $8M</a>
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Sri Lanka has confirmed receiving further compensation for pollution from the lost container ship X-Press Pearl, which burned and sunk off Colombo in 2021. Speaking to local media over the weekend, Sri Lankan Minister of Justice Wijeyadasa Rajapakshe said the interim payment made by the vessel’s insurers would help to cover beach cleanup activities and compensate fishermen affected by the disaster.
“Sri Lanka Treasury has received $890,000 and 16 million Sri Lankan rupees (around $49,200 dollars) as interim payment for...
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<a href="https://maritime-executive.com/editorials/eu-carbon-tax-could-have-a-si…; target="_blank" class="font-firasans">EU Carbon Tax Could Have a Significant Impact on Global Trade</a>
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On Sunday, the EU and the world’s first carbon import tax came into force. Until 2026, it will be in a transitional phase allowing stakeholders to collect useful information to refine the methodology for the levy’s definitive period, which follows thereafter.
The EU’s Carbon Border Adjustment Mechanism (CBAM) is a central pillar of the bloc’s Fit for 55 policy. It uses the amount of CO2 emitted during production of carbon-intensive products - steel, fertilizer and aluminum - to calculate the...
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<a href="https://maritime-executive.com/editorials/how-did-nations-and-shipowner…; target="_blank" class="font-firasans">Why Did So Many Nations Join Forces to Fight Somali Piracy? </a>
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[By Peter Viggo Jakobsen]
In 2011, pirates carried out 212 attacks in a vast area spanning Somali waters, the Indian Ocean, the Red Sea and the Gulf of Aden, actions that the World Bank said cost the world economy US$18 billion a year.
Armed pirates hijacked ships as far away as 1,000 nautical miles from the Somali coast. They held the ships and crews for ransom. The World Bank estimates that Somali pirates received more than US$400 million in ransom payments between 2005 and 2012.
The...
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