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Ban on Arctic Ocean Oil and Gas Drilling

This act permanently prohibits new oil and gas exploration and production leases in the Arctic Ocean. It aims to protect the Arctic environment and combat climate change, potentially influencing future energy prices and the development of alternative energy sources.
Key points
Prohibits new oil and gas drilling leases in Arctic Ocean areas.
Protects fragile Arctic ecosystems and indigenous populations.
Aims to reduce greenhouse gas emissions and mitigate climate change.
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Additional Information
Print number: 117_S_5305
Sponsor: Sen. Merkley, Jeff [D-OR]
Process start date: 2022-12-20