Biden to approve major oil project in Alaska -source

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Biden to approve major oil project in Alaska -source
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U.S. President Joe Biden's administration will approve a major and controversial oil drilling project in Alaska on Monday, according to a source familiar with the matter.

In addition to the drilling ban, the government will put forward new protections for more than 13 million acres of "ecologically senitive" Special Areas within Alaska's petroleum reserve, the administration said in a statement on Sunday.

The developments unfolded as Biden tries to balance his goals of decarbonizing the U.S. economy with calls toWillow has support from the oil and gas industry and state officials eager for jobs, but it is fiercely opposed by environmental groups who want to move rapidly away from fossil fuels to combat climate change.

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