Posted BY: Teresa | NwoReport
The Biden administration is jeopardizing funding for National Parks by restricting federal oil and gas leasing as leasing royalties provide significant sums of money to fund conservation efforts, according to the Western Energy Alliance.
The Great American Outdoors Act (GAOA), which was signed into law in August 2020, funds national park infrastructure and maintenance projects by taxing oil and natural gas developments on federal lands and waters, according to the Interior Department. Although 94% of the total $2.8 billion in annual conservation funding under the GAOA is provided by oil and gas royalties, the Biden administration has continuously limited oil and gas leasing, according to a report produced by the Western Energy Alliance, a trade group.
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“We have an administration pursuing energy ‘transition’ policies not based in reality, so it’s inevitable that they likewise don’t understand the consequences of those policies,” Kathleen Sgamma, president of the Western Energy Alliance, told the Daily Caller News Foundation. “Just as the energy sources they favor result in a scarcity of energy, so too would they result in a lack of economic output, in this case, conservation funding.”