“Today’s<Monday> outcome reinforces that fossil fuel development in Cook Inlet is no longer a sound investment,” said one campaigner. “Alaskans know our climate crisis is no joke and are ready to move beyond the fossil fuel era.” Environmentalists in Alaska and beyond pointed to the oil and gas industry’s lack of interest in a Friday […]
WASHINGTON – Bidding in last week’s Cook Inlet oil and gas lease sale revealed a notable reluctance from the fossil fuel industry to pursue risky development in Alaska waters, despite insistence from Big Oil-friendly legislators that the sale was necessary. The December 30 sale was previously canceled by the Biden administration due to “a lack of […]
Fairbanks, Alaska — Regenerate Alaska, a subsidiary of Australia-based 88 Energy, has elected to cancel its lease in the Arctic National Wildlife Refuge. The company was the only oil company to purchase a lease in last year’s first-ever oil and gas lease sale for the Arctic Refuge held at the end of the Trump administration. […]
“Biden can’t be the climate president when he is actively selling our water to the highest bidder and lobbying oil states to produce more fossil fuels.” As the Biden administration moved ahead Wednesday with an auction of more than 80 million acres in the Gulf of Mexico to oil and gas companies—the largest-ever sale of fossil fuel […]