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The US Will Leave Fossil Fuels in the Ground—Until After the Paris Climate Talks
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ENERGY & TECH

The US Will Leave Fossil Fuels in the Ground—Until After the Paris Climate Talks

Officials postponed the auction of an oil and gas development lease until next spring.

Julian Spector

It’s hard to lead the charge against the global consumption of fossil fuels while making money off the sale of them.

Perhaps in recognition of this conundrum, the U.S. Bureau of Land Management, which manages some 245 million acres of public land, has announced it will postpone an oil and gas lease auction scheduled for December 10 until March 17, 2016. The leases for sale include nine parcels of land in Arkansas and Michigan, totaling 587 acres, eligible for fossil fuel exploration. That means the federal government won’t be selling off land for oil or gas development just as the COP21 climate talks in Paris approach their dramatic conclusion.

The planned sale had been drawing heat from climate activists, who are rallying behind the “keep it in the ground” philosophy that to prevent the worst effects of climate change, the world needs to leave most of fossil fuel reserves untapped. President Barack Obama articulated that concept in his rationale for rejecting the Keystone XL pipeline in November:

Ultimately, if we’re gonna prevent large parts of this Earth from becoming not only inhospitable but uninhabitable in our lifetimes, we’re gonna have to keep some fossil fuels in the ground rather than burn them and release more dangerous pollution into the sky.

That said, the sale will go ahead a few months after the delegates return home from Paris. If Obama rejected the Keystone XL Pipeline for the stated reasons, why go ahead with federal mineral rights leases? One difference is the money from these routine drilling rights sales goes to the government, not to a Canadian energy company. Another possibility is that the goal isn’t really to stop extracting fossil fuels.

Read the rest at CityLab.