"The offshore energy industry is expecting a mixed bag of policies from the Biden administration. Biden should reverse his proposal to ban new offshore oil and gas drilling in federal waters, which would cost nearly 200,000 jobs and strip the U.S. government of billions in dollars of revenue, the National Oceans Industries Association warned in a list of policy priorities yesterday.
But the Biden administration has an opportunity to boost the U.S’ nascent offshore wind industry as part of its clean energy goals by enacting leasing and permitting reforms, and reversing Trump’s recent withdrawal of certain areas of the Atlantic Coast from energy development."
America's offshore energy resources are a wellspring of economic growth, energy security and environmental stewardship. President-elect Joe Biden should recognize the irreplaceable benefits our industry provides and pursue policies that strengthen this incredible American asset.
The benefits that the men and women of the offshore energy industry provide our nation are non-partisan.
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