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4 results for "moratorium"
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Obama Issues New Offshore Drilling Ban

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But will the latest moratorium survive?

In Washington Monday, the Obama administration took another stab at halting offshore drilling in U.S. waters, announcing a six-month moratorium that's no longer based on water depth. The goverment's previous two moratorium orders were rejected by the courts. Echoing the sentiments of environmentalists, Interior Secretary Ken Salazar argued that the order is necessary because of......read more

Deep Water Drilling Set to Resume

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Federal announcement ends offshore drilling moratorium.

Oil and gas exploration has been suspended in the Gulf since May, one month after the Deepwater Horizon explosion that killed 11 workers and led to the worst offshore oil spill in American history. In a few weeks, drilling and exploration will resume. The Obama administration will allow 13 companies to resume their work on 16 different offshore projects that had already been approved and were in......read more

N.Y. Declares Moratorium on Fracking

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Temporary ban will give the state time to address environmental concerns.

This week, the New York State Assembly approved a temporary moratorium on the controversial natural gas exploration technique known as "fracking." Combining hydraulic fracturing with horizontal drilling, fracking uses large quantities of water and chemicals to blast through the earth's surface and uncover natural gas reserves. The moratorium is aimed at the Marcellus Shale field,......read more

Forest Protection Deal Signed in Canada

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Green groups, forest companies agree to three-year logging moratorium in stretch of Boreal woodlands.

A historic moment for industry and environmentalists in Canada this week, as conservation groups and lumber companies agreed to place a three year moratorium on the logging of a massive swath of northern Boreal forest. At 278,000 square miles, it's one of largest forest conservation settlements ever made, and is widely seen as a win win for all parties involved. In addition to providing......read more

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