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Photo: Win McNamee/Getty Images

The Interior Department on Thursday said it will auction oil drilling leases in Alaska's Arctic National Wildlife Refuge in early January.

Why it matters: The procedural step would make it harder for President-elect Joe Biden to thwart drilling in the region, even though any actual development is years away.

The big picture: The refuge is thought to contain huge oil deposits that proponents say can be tapped with manageable disruption. But environmentalists oppose development, arguing it's impossible without harming and jeopardizing the ecosystem that's home to caribou, polar bears and other species.

Where it stands: Drilling advocates finally succeeded in mandating lease sales in late 2017 legislation after a decades-long battle over whether to open the region.

  • But the fight is nowhere near over, and there are administrative and legal levers that Biden — whose platform calls for "permanently protecting" the region — could pull to stymie drilling.
  • And the level of industry interest in highly uncertain. Companies are facing strained budgets, cloudy future demand and prices, activist pressure and other forces.

What's next: The Interior Department is slated to announce winning bids on January 6. "The sale date gives the Trump administration two weeks to formally issue any leases sold at auction before Biden is sworn in as president Jan. 20," Bloomberg reports.

What they're saying: “Oil and gas from the [refuge's] Coastal Plain is an important resource for meeting our nation’s long-term energy demands and will help create jobs and economic opportunities," said Chad Padgett, the Alaska state director for Interior's Bureau of Land Management, in a statement.

The other side: Matt Lee-Ashley of the anti-drilling Center for American Progress said in a statement: "They have made such a mess of the leasing process — suppressing science, cutting corners, ignoring the rights and voices of the Gwich’in people — that this whole boondoggle can and should be tossed in the trash by the courts or the next administration."

Go deeper

Ben Geman, author of Generate
Jan 28, 2021 - Energy & Environment

Takeaways from Biden's sweeping order on climate change

Illustration: Aïda Amer/Axios

President Biden's mammoth executive order on climate policy weighs in at over 7,500 words and resists any single narrative, but I've got a few initial takeaways.

Why it matters: The order aims to marshal the entire federal government behind new initiatives, so that means agencies that may not have the muscle memory or expertise of the resource and environmental branches like EPA and DOE.

Big European soccer teams announce breakaway league

Liverpool's Mohamed Salah (L) after striking the ball during the UEFA Champions League Quarter Final Second Leg match between Liverpool F.C. and Real Madrid at Anfield in Liverpool, England, last Wednesday. Photo: John Powell/Liverpool FC via Getty Images

12 of world soccer's biggest and richest clubs announced Sunday they've formed a breakaway European "Super League" — with clubs Manchester United, Liverpool, Barcelona Real Madrid, Juventus and A.C. Milan among those to sign up.

Why it matters: Britain and Italy's prime ministers are among those to express concern at the move — which marks a massive overhaul of the sport's structure and finances, and it effectively ends the decades-old UEFA Champions League's run as the top tournament for European soccer.

3 hours ago - Politics & Policy

Senate Democrats settling on 25% corporate tax rate

Sen. Joe Manchin (D-W.Va.). Photo: Chip Somodevilla/Getty Images

The universe of Democratic senators concerned about raising the corporate tax rate to 28% is broader than Sen. Joe Manchin, and the rate will likely land at 25%, parties close to the discussion tell Axios.

Why it matters: While increasing the rate from 21% to 25% would raise about $600 billion over 15 years, it would leave President Biden well short of paying for his proposed $2.25 trillion, eight-year infrastructure package.