
Published by
Reuters
Reuters
By Nichola Groom and Valerie Volcovici LOS ANGELES/WASHINGTON (Reuters) -The Biden administration is approving a scaled-back version ConocoPhillips’ $7 billion oil and gas drilling project in Alaska, the U.S. Department of Interior said on Monday. The decision comes despite an aggressive eleventh-hour campaign from opponents who say the development of the three drill sites in northwestern Alaska conflicts with Biden’s highly publicized efforts to fight climate change and rapidly shift to cleaner sources of energy. The fate of the project has been closely watched by Alaska officials, the oil an…