January 28, 2015

Drilling in the Atlantic? Not So Fast

The Obama administration announced Tuesday that, while it would move to block drilling in significant portions of Alaska, it would seek to open some of the Atlantic Coast to drilling. But lest you celebrate a sane policy shift, The Washington Post reports, “Any drilling would be at least a decade away and likely subject to intense political and legal battles between industry backers and environmentalists worried about the risk of oil spills.” Furthermore, explained Amy Harder of the Wall Street Journal, “Secretary Sally Jewell of the Interior Department stressed that this is the broadest plan that they’re going to consider. When it goes final in the next couple of years, they may whittle it down to something smaller than what they proposed today. … So I think the plan can only get narrower and given the president’s commitment to climate change, I wouldn’t be surprised if they ultimately took it out of the final plan, though at this point it’s far too early to say.” Indeed, the Left’s dedication to fighting climate change will derail many economically sound plans in the coming years.

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