(Bloomberg) -- The Biden administration on Friday finalized a plan to prevent oil development across more than half of the US government’s mammoth petroleum ...
-- The Biden administration on Friday finalized a plan to prevent oil development across more than half of the US government’s mammoth petroleum reserve in Alaska and set the stage to block road construction essential to opening a copper mine in the state.The twin moves are among a string of actions by President Joe Biden to curtail extractive development on federal lands and wall off more than 41 million acres for conservation.
The agency also will formally seek public recommendations on whether to further expand protected special areas there.The measure has widespread implications for companies with holdings or interests in the reserve, including ConocoPhillips, Santos Ltd., Repsol SA and Armstrong Oil & Gas Inc.
Critics have already vowed to battle the rule in court. Senator Dan Sullivan, a Republican from Alaska, said opponents could seek to overturn it on Capitol Hill. As it stands, he said, the regulation amounts to a sanction on domestic energy supplies, even as unfriendly regimes such as Iran and Russia are free to use their resources for self-enrichment.
Meda DeWitt, the Wilderness Society’s interim Alaska state director, praised Biden for presiding over a suite of regulations that together “constitute a comprehensive shift toward a more holistic conservation, climate and community-centric approach to managing public lands.” ISLAMABAD — An important ally of Pakistani Prime Minister Shehbaz Sharif demanded the government lift a two-month-old ban on the social media platform X, saying on Friday that it violates citizens' right to speech and expression. The ban on X has been in place since February, when the party of imprisoned former Prime Minister Imran Khan announced a nationwide protest against alleged election rigging ahead of the Feb. 8 vote that allowed Sharif to come to power.
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