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US confirms plan for fewest ever oil & gas lease sales as focus shifts to offshore wind - Recharge

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US confirms plan for fewest ever oil & gas lease sales as focus shifts to offshore wind | Recharge

The US government late Friday confirmed a dramatic phase-down of proposed oil and gas lease sales to a maximum of three in the Gulf of Mexico over five years through 2029, in a move it said will allow it to focus on offshore wind development there and along the Atlantic and Pacific coasts.

The plan “sets a course” for the Department of Interior (DoI) to support President Joe Biden’s twin national goals of 30GW of offshore wind capacity by 2030 and net-zero emissions by 2050, said Interior Secretary Deb Haaland.

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Related Knowledge Center: Offshore drilling

State of Play

The Biden administration is proposing additional leasing for offshore oil and gas drilling, largely limiting the plan to the Gulf of Mexico.

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