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Biden to pause oil and gas leases, cut subsidies in climate action

Christian Fernsby |
President Joe Biden on Wednesday signed a raft of executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies.

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Topics: BIDEN   

“In my view, we’ve already waited too long to deal with this climate crisis,” Biden said at a White House ceremony, noting the threats the nation faces from intensifying storms, wildfires and droughts linked to climate change.

“This is a case where conscience and convenience cross paths, where dealing with this existential threat to the planet and increasing our economic growth and prosperity are one and the same. When I think of climate change and the answers to it, I think of jobs,” Biden added.

Biden said building a modern and resilient climate-related infrastructure and a clean energy future for the United States would create millions of good-paying union jobs.

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