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U.S. President Donald Trump has proposed a budget of USD 179.3 million for the Bureau of Ocean Energy Management (BOEM) in Fiscal Year (FY) 2019, under a total budget for the U.S. Department of the Interior (DOI) of USD 11.7 billion.
As the Trump Administration issued the draft proposal for the 2019-2024 National Outer Continental Shelf (OCS) Oil and Gas Leasing Program on 4 January, the move to make more than 90% of OCS available for oil and gas exploration and production saw opposition from several U.S. coastal states, including those that want more renewable energy in their future.
Despite President Donald Trump’s pro-oil and gas stance and his decision to leave the Paris Climate Accord, there are some positive signs that US offshore wind is gaining momentum, Westwood Global Energy Group writes.
The U.S. President Donald Trump has announced his intention to withdraw the United States from the Paris Climate Accord.