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Trump to eliminate federal protections banning drilling and mining in Alaska wilderness

New York Times with the report that:

  • Trump administration to eliminate federal protections banning drilling and mining in Alaska wilderness

NYT conveying the news from earlier on Monday:

  • The Bureau of Land Management will issue a proposed rescission of a Biden-era rule that banned drilling on nearly half of the National Petroleum Reserve-Alaska (NPR-A), reverting to regulations in place prior to May 7, 2024.
  • Reverting to previous regulations would open up 11 million acres to drilling as well as removing conditions — such as considering Indigenous knowledge and solidifying protections for sensitive ecological areas — on oil and gas leases in the reserve.

This article was written by Eamonn Sheridan at www.forexlive.com.

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