Robert Besser
17 Mar 2023, 05:11 GMT+10
WASHINGTON D.C.: Despite a last-minute campaign from opponents, the US Department of Interior said that the Biden administration will approve a scaled-back version of a $7 billion oil and gas drilling project in Alaska known as "Willow" and proposed by ConocoPhillips.
The project will create hundreds of jobs and bring billions of dollars in revenue to the state and country, said elected officials from Alaska, which relies heavily on oil revenue, despite output declining heavily from its peak in the 1980s.
On a call with reporters, US Representative Mary Peltola, a Democrat from Alaska, said, "I feel the people of Alaska have been heard. The state of Alaska cannot carry the burden of solving our global warming issues alone."
The United Nations, which has urged countries to transition away from fossil fuels, criticized the decision.
UN spokesperson Stephane Dujarric told reporters, "These are not projects that move us in the right direction."
Environmental groups also criticized the Biden administration's decision, stressing it was trying to have it "both ways" regarding climate change.
Environmental groups have said they would challenge the project in court.
Having already endorsed the smaller version of the project, Houston-based ConocoPhillips lauded the US decision.
In a statement, ConocoPhillips Chief Executive Ryan Lance said, "This was the right decision for Alaska and our nation."
Meanwhile, US Senator Lisa Murkowski, an Alaska Republican, welcomed the "good news," stating "this will mean jobs and revenue for Alaska," by pumping upwards of 180,000 barrels of oil per day into the Trans Alaska Pipeline.
Get a daily dose of San Francisco Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to San Francisco Star.
More InformationWORLD CAPITALS, 22nd March, 2023 (WAM) -- Gold prices climbed on Wednesday after the U.S. Fed toned down its aggressive ...
ABU DHABI, 22nd March, 2023 (WAM) -- The central banks of Saudi Arabia, Bahrain and Qatar raised their benchmark borrowing ...
Bianca Andreescu drilled seven aces en route to a 6-3, 3-6, 6-2 victory over Emma Raducanu on Wednesday in a ...
The Las Vegas Raiders signed tight end Austin Hooper to a one-year, $2.75 million contract with an upside of $3.5 ...
San Antonio de los Cobres [Argentina], March 23 (ANI): An earthquake of magnitude 6.5 on the Richter scale struck 84 ...
WASHINGTON - The Federal Reserve extended its year-long fight against high inflation Wednesday by raising its key interest rate by ...
MENINDEE, Australia: After recent floods and hot weather, millions of dead fish have washed up in southeastern Australia, which authorities ...
BOISE, Idaho: Under a bill passed by the Idaho Legislature thios with a veto-proof majority, the state will allow firing ...
SACRAMENTO, California: The state of California and generic drug manufacturer Civica have announced a 10-year partnership to produce affordable, state-branded ...
CHEYENNE, Wyoming: A Wyoming bill outlawing the use or prescription of medication abortion pills, which was passed by the state's ...
DENVER, Colorado: The Southern Nevada Water Authority has voted to accept a $2.4 million grant from the US Bureau of ...
WASHINGTON D.C.: The US government has reported that the exceptionally wet winter in California this year will offer relief from ...