Wall Street Journal: “President Biden is planning on Wednesday to halt new oil and gas leasing on federal territory, people familiar with the matter said, setting up a confrontation with the oil industry over the future of U.S. energy. The Biden administration has drafted an order to impose the moratorium while it conducts a review of the federal oil and gas leasing program, the people said, in what is potentially a first step toward his campaign pledge to end future leases. The order is expected to be included in a package of measures across government aimed at reducing greenhouse gas emissions and boosting land conservation.”
“As a candidate, Mr. Biden had said he would push the country to ‘transition away from the oil industry’ because of its pollution, and he has acted more swiftly and broadly to do that than many expected. In addition to the moratorium on oil and gas leasing, Mr. Biden is expected to set a goal of protecting 30% of federal land and water by 2030, the people said. The president is also planning to re-establish a White House council of science advisers that was established during the Obama administration. The New York Times and The Washington Post reported earlier about Mr. Biden’s plans. Administration officials have discussed holding a climate change summit, possibly on Earth Day, April 22, one of the people said, but officials haven’t yet finalized those plans. Mr. Biden pledged during his campaign to convene a summit of leaders from around the globe to discuss climate change early in his administration.”