HILL ENERGY BRIEFING: House Set to Advance Offshore Drilling Ban

Sept. 9, 2021, 10:03 AM

Congressional Democrats are poised to advance sweeping legislation to combat climate change that would, if the Senate goes along, block drilling in most U.S. offshore waters and invest tens of billions of dollars in resilience measures.

The bill, set to be approved by the House Natural Resources Committee today, would also slap new fees on oil and mining companies and ban drilling in the Arctic National Wildlife Refuge. The $31.7 billion measure, which calls for spending on drought relief, conservation and other programs, is designated to be part of a broader multi-trillion-dollar social reform and climate change measure in the ...

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