WASHINGTON (AP) — President Joe Biden is set to announce a wide-ranging moratorium on new oil and gas leasing on U.S. lands.
The move comes as the Biden administration moves quickly to reverse Trump administration policies on energy and the environment and address climate change.
Two people with knowledge of Biden’s plans outlined the proposed moratorium, which will be announced Wednesday.
The move follows a 60-day suspension of new drilling permits for U.S. lands and waters announced last week and follows Biden’s campaign pledge to halt new drilling on federal lands as part of his plan to address climate change.
