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Ukraine hits Russia with US missiles for first time; Putin issues new nuclear doctrine in warning to the West over Ukraine; EPA grants $21.9M for MI port upgrades, emission planning; Hoosier green goals at crossroads amid federal shifts; Cancer education program sheds light on Appalachian disparities.

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Mail-in ballots with envelope errors will not be included in the Pennsylvania Senate race recount, Trump taps celebrity doctor Mehmet Oz to oversee Medicare and Medicaid, and Senate Democrats want a vote on ending arms shipments to Israel.

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Lower voter turnout in cities, not the rural electorate, tipped the presidential election, Minnesota voters OK'd more lottery money to support conservation and clean water, and a survey shows strong broadband lets rural businesses boom.

Industry Pushes Back on Biden's Oil and Gas Lease Moratorium

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Tuesday, February 16, 2021   

CHEYENNE, Wyo. -- The Western Energy Alliance sued to block the Biden administration's moratorium on new oil and gas leases on public lands, but conservationists say the move is long overdue.

Jayson O'Neill, spokesperson for the watchdog group Accountable.US, said companies have been stockpiling leases on public lands for years, which has created an economic house of cards.

He worried taxpayers will again be on the hook for cleaning up and capping orphan wells when drops in prices force companies into bankruptcy.

"Oil and gas companies are taking public-land leases, buying them on the cheap, and using those leases to inflate their balance sheet so they can incur more debt," O'Neill asserted. "That isn't a sustainable business model, and that's not sustainable for taxpayers."

O'Neill contended locking up large parcels of public lands for future extraction also blunts the development of Wyoming's outdoor recreation economy.

Industry groups argued the ban will cause significant drops in state tax revenues in Wyoming and seven other western states, and lead to the loss of more than 55,000 jobs.

O'Neill pointed to the Biden administration's climate proposals, including ensuring publicly traded companies provide greater transparency on climate risks, as a step in the right direction to protect taxpayers.

He noted the administration's plans also include shovel-ready jobs that pay a living wage.

"Cleaning up used oil pads," O'Neill suggested. "Let's talk about abandoned orphan wells that we can cap, putting the people that know best how to manage those oil wells right to work tomorrow."

The American Petroleum Institute and the U.S. Chamber of Commerce claimed a one-size-fits-all approach to financial disclosure rules could put companies in legal jeopardy if they report inaccurate information.

O'Neill disagreed, and emphasized requiring fossil-fuel companies to disclose the financial risks of their contributions to climate change to investors is critical for building a bridge to a post-fossil fuel economy.


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