Dubai Telegraph - Biden issues major coastal protection before Trump handover

EUR -
AED 3.799266
AFN 73.440561
ALL 97.436538
AMD 413.691391
ANG 1.865058
AOA 945.935774
ARS 1070.839884
AUD 1.659405
AWG 1.864466
AZN 1.762517
BAM 1.943563
BBD 2.089445
BDT 125.985574
BGN 1.956215
BHD 0.389875
BIF 2999.694859
BMD 1.034378
BND 1.408717
BOB 7.150909
BRL 6.311257
BSD 1.034785
BTN 88.694719
BWP 14.34256
BYN 3.386545
BYR 20273.799734
BZD 2.078692
CAD 1.485542
CDF 2968.150018
CHF 0.940632
CLF 0.037668
CLP 1039.383746
CNY 7.578365
CNH 7.595098
COP 4486.436725
CRC 525.784566
CUC 1.034378
CUP 27.411005
CVE 110.365797
CZK 25.126061
DJF 183.829934
DKK 7.460552
DOP 63.495225
DZD 140.467692
EGP 52.389881
ERN 15.515663
ETB 130.383165
FJD 2.40172
FKP 0.819208
GBP 0.829023
GEL 2.91176
GGP 0.819208
GHS 15.215703
GIP 0.819208
GMD 72.921167
GNF 8914.583174
GTQ 7.988626
GYD 216.504788
HKD 8.044189
HNL 26.308362
HRK 7.419493
HTG 135.068301
HUF 415.304842
IDR 16780.499915
ILS 3.77148
IMP 0.819208
INR 88.755334
IQD 1355.034574
IRR 43534.362063
ISK 145.288394
JEP 0.819208
JMD 161.859365
JOD 0.733788
JPY 163.546435
KES 133.950613
KGS 89.991069
KHR 4178.885269
KMF 491.329196
KPW 930.939205
KRW 1502.252348
KWD 0.31893
KYD 0.862362
KZT 547.05047
LAK 22546.845073
LBP 93064.623759
LKR 305.79471
LRD 193.428873
LSL 19.342608
LTL 3.054248
LVL 0.625685
LYD 5.092886
MAD 10.382306
MDL 19.093602
MGA 4856.403128
MKD 61.530987
MMK 3359.617893
MNT 3514.814738
MOP 8.288138
MRU 41.219999
MUR 48.046284
MVR 15.981396
MWK 1793.610605
MXN 21.033134
MYR 4.654181
MZN 66.094508
NAD 19.344085
NGN 1593.975981
NIO 38.07988
NOK 11.723051
NPR 141.912516
NZD 1.835581
OMR 0.398224
PAB 1.034874
PEN 3.900606
PGK 4.204711
PHP 60.252496
PKR 288.022041
PLN 4.260446
PYG 8184.470404
QAR 3.766176
RON 4.973256
RSD 117.061554
RUB 110.934892
RWF 1433.647267
SAR 3.882966
SBD 8.675894
SCR 14.77125
SDG 621.660655
SEK 11.496082
SGD 1.411584
SHP 0.819208
SLE 23.562844
SLL 21690.382904
SOS 591.146096
SRD 36.280278
STD 21409.526625
SVC 9.05499
SYP 2598.904846
SZL 19.345067
THB 35.776537
TJS 11.310678
TMT 3.630665
TND 3.289557
TOP 2.422618
TRY 36.552728
TTD 7.019736
TWD 33.904309
TZS 2563.858828
UAH 43.769304
UGX 3821.937005
USD 1.034378
UYU 45.513446
UZS 13399.635615
VES 54.822023
VND 26242.158125
VUV 122.803373
WST 2.857765
XAF 651.846658
XAG 0.034398
XAU 0.00039
XCD 2.795457
XDR 0.796975
XOF 651.657786
XPF 119.331742
YER 257.818888
ZAR 19.339344
ZMK 9310.638468
ZMW 29.052802
ZWL 333.069145
  • RBGPF

    -2.6900

    59.31

    -4.54%

  • SCS

    -0.2400

    11.2

    -2.14%

  • BCC

    -2.0000

    118.22

    -1.69%

  • NGG

    -0.2700

    58.6

    -0.46%

  • AZN

    -0.2000

    66.64

    -0.3%

  • GSK

    0.1300

    34.09

    +0.38%

  • CMSD

    -0.2700

    23.46

    -1.15%

  • BTI

    -0.1900

    36.78

    -0.52%

  • RIO

    -0.1900

    58.19

    -0.33%

  • CMSC

    -0.2600

    23.23

    -1.12%

  • RELX

    0.3300

    45.98

    +0.72%

  • JRI

    -0.2300

    12.22

    -1.88%

  • RYCEF

    0.1100

    7.2

    +1.53%

  • BCE

    -0.0800

    23.86

    -0.34%

  • VOD

    -0.0600

    8.41

    -0.71%

  • BP

    0.8100

    31.83

    +2.54%

Biden issues major coastal protection before Trump handover
Biden issues major coastal protection before Trump handover / Photo: Chris Kleponis - AFP

Biden issues major coastal protection before Trump handover

US President Joe Biden on Monday banned offshore drilling across an immense area of coastal waters, weeks before Donald Trump takes office pledging to massively increase fossil fuel production.

Text size:

The ban encompasses the entire Atlantic coast and eastern Gulf of Mexico, as well as the Pacific coast off California, Oregon and Washington, and a section of the Bering Sea off Alaska.

A White House statement said the declaration protected more than 625 million acres (253 million hectares) of waters.

"As the climate crisis continues to threaten communities across the country and we are transitioning to a clean energy economy, now is the time to protect these coasts for our children and grandchildren," Biden said in a statement.

"In balancing the many uses and benefits of America's ocean, it is clear to me that the relatively minimal fossil fuel potential in the areas I am withdrawing do not justify the environmental, public health, and economic risks that would come from new leasing and drilling," he added.

The ban does not have an end date and could be legally -- and politically -- tricky for Trump to overturn.

"It's ridiculous. I'll unban it immediately... I have the right to unban it immediately," Trump said shortly after the announcement in a radio interview with a conservative radio host.

Biden is taking the action under the Outer Continental Shelf Lands Act of 1953, which gives the federal government authority over the exploitation of offshore resources.

The law however does not expressly provide for presidents to unilaterally reverse a drilling ban without going through Congress.

During his campaign, Trump pledged to "unleash" domestic fossil fuel production in a bid to lower gas costs, despite the country already seeing record high extraction rates.

After US media reported late last week that Biden would issue such a ban, Karoline Leavitt, Trump's incoming press secretary, called the move "a disgraceful decision designed to exact political revenge on the American people who gave President Trump a mandate to increase drilling and lower gas prices."

Environmental NGOs, on the other hand, welcomed the decision.

"This is an epic ocean victory!" said Joseph Gordon, Oceana's Climate and Energy Director.

"Our treasured coastal communities are now safeguarded for future generations," he said.

"With today's withdrawals, President Biden has now conserved more than 670 million acres of US lands, waters, and ocean -- more than any president in history," the White House said.

The move is the latest in a string of last minute climate policy actions by the Biden administration ahead of Trump's return to the White House.

In mid-December, the outgoing administration issued an ambitious new climate target under the landmark Paris accord, committing the United States to reducing economy-wide greenhouse gas emissions by 61-66 percent below 2005 levels by 2035, on the path to achieving net zero by 2050.

H.Pradhan--DT