Energy

Biden reverses Trump move to open up more oil drilling in Arctic

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A polar bear sow and two cubs are seen on the Beaufort Sea coast within the 1002 Area of the Arctic National Wildlife Refuge.

U.S. Fish and Wildlife Service | Reuters

The Biden administration on Monday reversed a Trump administration plan that would have allowed the government to lease more than two-thirds of the country’s largest swath of public land to oil and gas drilling.

The Bureau of Land Management’s decision will shrink the amount of land available for lease in the National Petroleum Reserve in Alaska, a roughly 23 million acre region that’s home to wildlife like caribou and polar bears.

The decision returns to an Obama administration plan that allows fossil fuel extraction in up…



Source cnbc.com

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