Arctic National Wildlife Refuge

Major Oil Companies Take A Pass On Controversial Lease Sale In Arctic Refuge

Rep. Deb Haaland at a 2018 rally in Washington, D.C., to oppose drilling in the Arctic National Wildlife Refuge. President-elect Joe Biden has tapped Haaland to lead the Department of the Interior. Liz Ruskin/Alaska Public Media

One of the Trump administration’s biggest environmental rollbacks suffered a stunning setback Wednesday, as a decades-long push to drill for oil in Alaska’s Arctic National Wildlife Refuge ended with a lease sale that attracted just three bidders — one of which was the state of Alaska itself.

Alaska’s state-owned economic development corporation was the only bidder on nine of the parcels offered for lease in the northernmost swath of the refuge, known as the coastal plain. Two small companies also each picked up a single parcel.

Half of the offered leases drew no bids at all. Continue reading →

Time and again, the petroleum industry has used its political might to stymie global action on climate change. Now cities and states have become the new battleground. Photograph by Robert Nickelsberg / Getty

Some things we lose slowly, which seems better than losing them quicker; other things we gain too slowly:

The Movement to Divest from Fossil Fuels Gains Momentum

By Bill McKibben

Tuesday should have been a day of unmitigated joy for America’s oil and gas executives. The new G.O.P. tax bill treats their companies with great tenderness, reducing even further their federal tax burden.

Part of the Arctic National Wildlife Refuge, known as the 10-02 area, serves as the summer breeding ground for two hundred thousand caribou. Photograph by The Asahi Shimbun via Getty

And the bill gave them something else they’ve sought for decades: permission to go a-drilling in the Arctic National Wildlife Refuge. But, around four in the afternoon, something utterly unexpected began to happen. A news release went out from Governor Andrew Cuomo’s office, saying that New York was going to divest its vast pension-fund investments in fossil fuels. The state, Cuomo said, would be “ceasing all new investments in entities with significant fossil-fuel-related activities,” and he would set up a committee with Thomas DiNapoli, the state comptroller, to figure out how to “decarbonize” the existing portfolio. Continue reading →