The decision is one of President Joe Biden's most consequential climate decisions and is likely to draw condemnation from environmentalists who say it flies in the face of the Democratic president's climate pledges.
WASHINGTON — The Biden administration said Monday it is approving the controversial major Willow oil project on Alaska's petroleum-rich North Slope, one of President Joe Biden's most consequential climate choices that is likely to draw condemnation from environmentalists who say it flies in the face of the Democratic president's pledges.
Houston-based ConocoPhillips will relinquish rights to about 68,000 acres of existing leases in the National Petroleum Reserve-Alaska. ConocoPhillips Alaska's Willow project could produce up to 180,000 barrels of oil a day, create up to 2,500 jobs during construction and 300 long-term jobs, and generate billions of dollars in royalties and tax revenues for the federal, state and local governments, the company says.
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