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Why This Matters: Permanent funding for parks and conservation is long overdue — on top of the environmental benefits, it creates jobs and helps ensure that every American has access to nature. Tying the $900m fund to fossil fuel development is paradoxical and the funding stream will decrease as we reduce our drilling on federal lands and waters. Right now, however, it is important to secure permanent funding — the source could change later as we begin to develop funding from renewable sources on federal lands. Bishop is being obstructionist — it’s not that he cares about stable funding for parks.
Royalties Are Down
According to the Congressional Research Service, the Interior’s Office of Natural Resources Revenue reported offshore oil and gas royalty collections of $100 million in May, which is 84 percent lower than royalty collections in May 2019. “The core provisions of H.R. 1957 rely upon unobligated receipts from energy development on federal lands and waters, and the CRS has just confirmed that these revenue streams have evaporated due to the pandemic,” Bishop said in a statement Monday, according to Politico. The revenue for the Land and Water Conservation Fund has always come from oil and gas royalties — the law would make the funding permanent.
Many have questioned the perverse incentives created by using energy revenues for conservation, arguing that this might make oil and gas development more acceptable. But the logic of the program also made some sense — it was a way to repay the public for the development of public lands. Given the push to end drilling on public lands and the likelihood that royalties are likely to decline over time, this funding model will need to change. Right now the revenues are down because the Trump Administration has actually been reducing or even excusing royalty payments altogether.
By Sherri Goodman and Leah Emanuel On June 26, President Trump issued an executive order demanding the prosecution of “anarchists and left-wing extremists” destroying and defacing American monuments. Asserting that it is the role of the Federal Government to protect federal monuments, memorials, statues, and property to their fullest extent, the order proclaims that Federal, […]
A federal court in California on Wednesday tossed out the Trump Administration’s rollback of an Obama administration rule that limited wasteful venting, flaring, and leaking of gas from drilling operations on federal and tribal lands. The Judge re-instated the prior Obama Administration rule beginning in 90 days.
Why This Matters: Once again, the Trump Administration’s flagrant disregard for democratic principles of government and the rule of law came back to bite them.
by Julia Fine Last month, we wrote about the outbreak of locust swarms traveling from East Africa to the Indian subcontinent. Now, as the New York Times reported yesterday, the locusts have made their way to New Delhi. The capital region’s fields, metro stations, suburbs, and more are now teeming with swarms. We previously noted […]
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