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17450


Date: January 07, 2021 at 16:25:45
From: Akira, [DNS_Address]
Subject: Trump Hands Oil Industry The Keys To ‘America’s Serengeti’

URL: https://www.huffpost.com/entry/arctic-refuge-drilling-lease-sale_n_5ff6069cc5b64e568bf378db


In Final Blow To The Planet, Trump Hands Oil Industry The Keys To
‘America’s Serengeti’

"The outgoing administration sold off drilling rights in the Arctic National
Wildlife Refuge on Wednesday, but turnout for the “momentous” occasion
was low.

In 2018, the Trump administration estimated opening Alaska’s pristine Arctic
National Wildlife Refuge to oil and gas development would generate $1.8
billion in federal revenue over a decade. Independent analysts dismissed
that economic outlook as, among other things, a “pipe dream.”

On Wednesday afternoon, as pro-Trump extremists violently stormed the
U.S. Capitol in a naked attempt to subvert American democracy, the Trump
administration held its long-anticipated, highly controversial Arctic refuge
lease sale.

Just three entities — two small oil companies and an Alaska state-owned
economic development corporation ― bid on roughly half of the 1.09 million
acres up for grabs. The sale generated a measly $14.4 million, less than 1%
of the administration’s total revenue estimates. That’s an average of $27 per
acre, only slightly above the $25 minimum bid price.

The state agency, the Alaska Industrial Development and Export Authority,
placed the top bid on all but two of the 11 tracts that received bids. The
revenues from the leases, if ultimately approved, will be split 50/50 between
the federal government and the state of Alaska.

Much as the rioting in D.C. on Wednesday capped Trump’s long record of
inciting political violence, the lease sale is a fitting finale for the
administration’s anti-conservation legacy. Trump and his team have spent
four years bending over backward for fossil fuel and other extractive
industries, with little concern for how its “energy dominance” agenda will
impact the climate and wildlife.

An airplane flies over caribou from the Porcupine Caribou Herd on the
coastal plain of the Arctic National Wildlife Refuge in
ASSOCIATED PRESS
An airplane flies over caribou from the Porcupine Caribou Herd on the
coastal plain of the Arctic National Wildlife Refuge in northeast Alaska.
Trump and his team have made greenlighting oil drilling in the Arctic refuge
a top priority, despite worsening climate and biodiversity crises and
warnings from scientists, environmentalists and a bipartisan group of former
Interior Department officials that doing so would forever spoil one of the
nation’s last true wilderness areas.


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The refuge, often described as “America’s Serengeti,” covers more than 19
million acres in northeastern Alaska. It is home to polar bears, caribou,
moose and hundreds of species of migratory birds. For decades,
Republicans and energy companies have been trying to gain access to the
oil beneath the refuge’s coastal plain, known as the “1002 Area.”

The GOP tax law passed by Congress in late 2017 included a provision,
introduced by Sen. Lisa Murkowski (R-Alaska), requiring the Interior
Department to approve at least two lease sales for drilling — each covering
no less than 400,000 acres. Since then, the Trump administration has been
in a race to approve leases, at times ignoring and altering career scientists’
work in an effort to downplay the potential environmental impacts, as
Politico reported in 2019.

Jenny Rowland-Shea, a senior public lands policy analyst at the left-leaning
Center for American Progress, said Wednesday’s auction is “the logical
conclusion to this completely flawed effort: a massive failure.”

“The process of getting to this lease sale has been nothing short of a sham
and all eyes should be on a robust antitrust review,” she said in a statement.
“Either the courts, President-elect Biden, or the new Congress should have
no problem rejecting these bids.”

Autumn Hanna, vice president of Taxpayers for Common Sense, called it “a
bust for taxpayers.”

“Holding this lease sale at the 11th hour of this Administration, during the
pandemic when oil demand is low and prices in flux, all but doomed this
already questionable sale from the start,” she said. “Now taxpayers will have
to deal with the fallout.”

The eleventh-hour lease sale comes less than two weeks before President-
elect Joe Biden assumes office. Biden has repeatedly vowed to block oil
drilling in the refuge, although active leases are likely to prove difficult to
revoke.

Despite the severe lack of industry interest on Wednesday, Murkowski called
it “a great day and the result of many Alaskans’ tireless efforts over the
course of decades.”

“The first lease sale in the non-wilderness 1002 Area did not occur under
ideal conditions, but it will benefit Alaskans both in the short-term and well
into the future,” she said in a statement."


Responses:
[17452] [17453]


17452


Date: January 08, 2021 at 12:30:22
From: Mitra, [DNS_Address]
Subject: Re: Trump Hands Oil Industry The Keys To ‘America’s Serengeti’



Let's hope it's the "Final
Blow to the Planet."

And Biden can reverse it.

I was wondering what fresh
hell Trump was signing us
into while the world was
watching the invasion of the
Capitol.


Responses:
[17453]


17453


Date: January 08, 2021 at 13:40:03
From: Akira, [DNS_Address]
Subject: Re: Trump Hands Oil Industry The Keys To ‘America’s Serengeti’


Yeah, let's hope, but.. "Biden has repeatedly vowed to block oil drilling in the
refuge, although active leases are likely to prove difficult to revoke."

This has been the most upsetting news to me this week, just about.


Responses:
None


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