- by foxnews
- 04 Mar 2025
US auctions off oil and gas drilling leases in Gulf of Mexico after climate talks
US auctions off oil and gas drilling leases in Gulf of Mexico after climate talks
- by theguardian
- 18 Nov 2021
- in news
1.4 k views
The US federal government is on Wednesday launching an auction of more than 80m acres of the gulf for fossil fuel extraction, a record sell-off that will lock in years, and potentially decades, of planet-heating emissions.
Combined, these leases would result in nearly 600m tons of planet-heating gases if fully developed over the next four decades, which is more than the total annual emissions of the UK.
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