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Ban on New Fossil Fuel Extraction on Federal Lands and US Waters.

This bill immediately bans new leases for oil, gas, and coal extraction across all federal lands and waters, aiming to combat climate change by keeping fossil fuels in the ground. While this accelerates the transition to clean energy, citizens might face short-term fluctuations in energy costs due to reduced domestic supply. The long-term goal is environmental protection and climate stability.
Key points
Complete prohibition on new oil and gas drilling leases on the Outer Continental Shelf (Atlantic, Pacific, Gulf of Mexico, Arctic).
Stops the issuance of new leases for coal, oil, and gas on federal onshore lands.
Existing non-producing leases on federal lands and waters will not be renewed or extended, except for national security threats or to prevent contract breaches.
Requires the cancellation of existing oil and gas leases in the Beaufort Sea, Cook Inlet, and Chukchi Sea.
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Additional Information
Print number: 118_HR_10489
Sponsor: Rep. Huffman, Jared [D-CA-2]
Process start date: 2024-12-18