THE BIDEN ADMINISTRATION'S MARCH 13 decision to approve the Willow project, a multibillion-dollar oil-drilling development in the Alaskan wilderness, may have come as a shock to those accustomed to Joe Biden's criticism of the oil and gas industry. But it didn't come out of nowhere. In the past two years, unforeseen circumstances-including energy prices and the passage of the Inflation Reduction Act (IRA)-have nudged the Administration to work with oil companies. The Willow project, spearheaded by ConocoPhillips, is just the latest development in the Biden Administration's evolving relations with the industry.
The dynamic was on full display earlier in the month at the world's most influential oil and gas conference, CERAWeek by S&P Global. Biden entered office promising to phase out oil and gas, but top Administration officials still flew to Houston to make the case for the oil and gas industry to embrace the transition from fossil fuels to green energy. "We need to not be polarized here," John Kerry, Biden's climate envoy, told a room packed with energy executives on March 6. "We need to collaborate."
The reasons for the détente are easy to understand on both sides. High energy prices have threatened the Administration's economic goals, pressuring Biden to switch tactics. And it has not escaped the notice of oil companies that the IRA contains provisions they are well suited to implement, and profit from.
Esta historia es de la edición March 27 - April 03, 2023 (Double Issue) de Time.
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Larry Hogan's Ethics Issue - On Jan. 27, 2021, then-governor Larry Hogan had good news for affordable housing in Maryland: nearly $40 million in competitive awards to spur construction of 18 low-income housing projects.
On Jan. 27, 2021, then-governor Larry Hogan had good news for affordable housing in Maryland: nearly $40 million in competitive awards to spur construction of 18 low-income housing projects. “During our administration,” Hogan said, “the State of Maryland has provided financing and tax credits to create or preserve more than 20,000 affordable rental units across the state.” But there was one detail Hogan didn’t mention: one of the projects was being developed on his own family’s property.
A Filmmaker's Quest to Unmask Bitcoin's Creator - Who is Bitcoin's founder, Satoshi Nakamoto? the question has perplexed and excited cryptocurrency fans ever since Bitcoin was created by someone with that username in 2009.
Who is Bitcoin’s founder, Satoshi Nakamoto? the question has perplexed and excited cryptocurrency fans ever since Bitcoin was created by someone with that username in 2009.
Unmasking prediabetes - Type 2 diabetes doesn't always arrive with a bang. It can develop slowly but eventually result in marked side effects like extreme thirst and hunger, frequent urination, blurry vision, tingling sensations, and fatigue.
Type 2 diabetes doesn’t always arrive with a bang. It can develop slowly but eventually result in marked side effects like extreme thirst and hunger, frequent urination, blurry vision, tingling sensations, and fatigue.
Animals understand death too - In 2018, field researchers in Uganda came across an unusual sight: a female chimpanzee carrying an infant she had recently given birth to that was affected by albinism, an extremely uncommon condition in this species that gives their fur a striking white color.
In 2018, field researchers in Uganda came across an unusual sight: a female chimpanzee carrying an infant she had recently given birth to that was affected by albinism, an extremely uncommon condition in this species that gives their fur a striking white color.
The Petro State - Colombia's first leftist leader wants to end oil
Last year, Colombian president Gustavo Petro watched in dismay as a political and economic crisis unfolded on the other side of his country’s eastern border. Global powers had imposed sanctions on Venezuela’s oil exports after the country’s autocratic leader, Nicolás Maduro, allegedly A his re-election. As hyperinflation fueled turmoil, millions of refugees poured into Colombia to escape.
Fortress Democracy - Despite efforts at home and abroad to undermine faith in U.S. elections, this year's vote is set to be the most secure and reliable ever. Thank new laws, fail-safes, and courageous election officials
Despite efforts at home and abroad to undermine faith in U.S. elections, this year’s vote is set to be the most secure and reliable ever. Thank new laws, fail-safes, and courageous election officials
The Beauty of Being Alone - There's a lot of fear around spending time alone. Alone time can make people itchy with boredom.
Recent articles and studies warn us about the dangers of loneliness—one 2017 study by Julianne Holt- Lunstad at BYU’s Social Connection and Health Lab claims loneliness is as bad as smoking 15 cigarettes a day. In 2023, U.S. Surgeon General Vivek Murthy published an advisory all about the epidemic of loneliness in America. It details the genuine risks of chronic loneliness, such as increased rates of anxiety and depression, as well as dementia in older adults
What is 'American Malaria' and Are You at Risk? - Few things will leave you feeling quite so icky as returning from a jaunt outside and finding a tick clinging to your skin
Babesiosis, is causing particular concern. The disease is colloquially known as “American malaria,” partly because of its widening spread and partly because of its clinical profile. Like malaria, it can lead to headache, fever, chills, nausea, vomiting, altered mental state, anemia, low blood pressure, respiratory distress, and more.
A strip-club fairy tale with a generous heart
THERE ARE FEW FILMMAKERS AS OPENHEARTED, as stone-soup inventive, as Sean Baker.
Fanfare for the gentle man
IN WE LIVE IN TIME, THE ROMANTIC drama whose slow October rollout has swept up moviegoers in a tidal wave of tears, Andrew Garfield plays a divorced man who finds love in a hopeless place.
