CNBC
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2022-02-24
Biden pauses new oil and gas leases amid legal battle over cost of climate change
The leasing pause comes after a Louisiana federal judge blocked officials from using higher cost estimates of climate change.
The New York Times
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2022-02-21
Biden Administration Halts New Drilling in Legal Fight Over Climate Costs
The Interior Department is pausing new federal oil and gas leases and permits after a judge blocked the government from weighing the cost of climate damage in decisions.
The Washington Post
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2022-02-21
Court ruling on social cost of carbon upends Biden’s climate plans
A recent ruling by a Louisiana federal judge that bars the Biden administration from accounting for the impact of fossil fuel burning when making major decisions has created temporary chaos, upending everything from a series of planned oil and gas sales to infrastructure spending.
CNN
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2022-02-21
Biden administration freezes new oil and gas drilling leases after court rules against key climate tool
The pause comes after a judge ruled against Biden's social cost of carbon metric, which uses models to put a value on each ton of carbon dioxide emitted to quantify the economic harm caused by the climate crisis, like sea level rise and wildfires.