New Offshore Oil & Gas Drilling Ban: Implications For Clean H2

Contributing sentiments towards policy:

71% : "Congress and the incoming administration should fully leverage the nation's vast offshore resources as a critical source of affordable energy, government revenue and stability around the world.
57% : Still, even small variations in the availability of fossil energy can impact prices.
53% : If anything, the new drilling ban will provide Trump and his allies in government with a bright, shiny object to chase while the real work of decarbonization continues.
40% : "Trump, himself, has actually used the same statute to block oil and gas leasing in waters near Florida and along the Southeast US in a bid to appeal to voters in the final weeks of the 2020 presidential campaign," she pointed out.
37% : "Biden is set within days to issue the executive order barring the sale of new drilling rights in portions of the country's outer continental shelf, according to people familiar with the effort who asked not to be named because the decision isn't public," Dlouhy wrote on January 2.Dlouhy emphasized that Trump cannot simply undo the Biden EO with a countermanding order.

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