1 00:00:03,200 --> 00:00:07,960 Speaker 1: This is Bloomberg Law with June Brussel from Bloomberg Radio 2 00:00:08,720 --> 00:00:11,480 Speaker 1: put a landmark decision by a Dutch court be the 3 00:00:11,520 --> 00:00:14,640 Speaker 1: start of a new war against big oil. A Dutch 4 00:00:14,640 --> 00:00:17,360 Speaker 1: court rule that Royal Dutch Shell had to cut its 5 00:00:17,360 --> 00:00:20,360 Speaker 1: emissions on the grounds that the oil giant is violating 6 00:00:20,480 --> 00:00:23,960 Speaker 1: human rights by contributing to global warming. Joining me is 7 00:00:24,079 --> 00:00:27,840 Speaker 1: environmental law professor Pat Parento of the Vermont Law School. 8 00:00:28,200 --> 00:00:31,520 Speaker 1: Pat tell us about this landmark decision. It's the first 9 00:00:31,520 --> 00:00:34,600 Speaker 1: time in history, in fact, that a court has ordered 10 00:00:34,600 --> 00:00:40,239 Speaker 1: a private corporation to not only comply with reducing their 11 00:00:40,280 --> 00:00:44,360 Speaker 1: emissions of carbon dioxide, but to a level that's literally 12 00:00:44,360 --> 00:00:48,080 Speaker 1: going to require Shell to reconsider its its entire business plan. 13 00:00:48,440 --> 00:00:52,080 Speaker 1: They're not going to be able to realize the exploitation 14 00:00:52,159 --> 00:00:54,920 Speaker 1: of all of the oil and gas reserves that they 15 00:00:54,920 --> 00:00:57,800 Speaker 1: have on their books. That's what this decision means. It 16 00:00:57,840 --> 00:01:03,000 Speaker 1: means changing your whole modus ARANDAI, and that's really stunning. Now, 17 00:01:03,000 --> 00:01:05,800 Speaker 1: it is a lower court decision in the Netherlands, it's 18 00:01:05,840 --> 00:01:09,040 Speaker 1: the Hague District Court, so it will have to go 19 00:01:09,200 --> 00:01:11,960 Speaker 1: to the Dutch Supreme Court the way the earlier for 20 00:01:12,040 --> 00:01:15,920 Speaker 1: Agenda case did. But it's it's quite startling in its 21 00:01:15,959 --> 00:01:20,720 Speaker 1: potential impact. Can Shell accomplish what the courts set out 22 00:01:20,840 --> 00:01:26,679 Speaker 1: if it loses the appeal? Very uncertain unclear as to 23 00:01:26,840 --> 00:01:31,119 Speaker 1: how Shell would do this, because the most striking thing 24 00:01:31,160 --> 00:01:36,760 Speaker 1: about this decision is that it includes emissions from Shell's customers, 25 00:01:36,800 --> 00:01:40,479 Speaker 1: You and I, people who pump their gas and drive 26 00:01:40,760 --> 00:01:44,160 Speaker 1: you know, gas pard vehicles all over the world. Um 27 00:01:44,280 --> 00:01:48,400 Speaker 1: So Shell has to somehow figure out how two offset 28 00:01:49,200 --> 00:01:53,200 Speaker 1: all of those emissions. They're called Scope three emissions in 29 00:01:53,200 --> 00:01:56,880 Speaker 1: the in the jargon um and nobody's ever done that. No, 30 00:01:56,920 --> 00:02:02,160 Speaker 1: no corporation. Amazon has ledged to do something like that 31 00:02:02,760 --> 00:02:06,000 Speaker 1: for the emissions from its supply chain, but but nobody 32 00:02:06,000 --> 00:02:09,400 Speaker 1: has actually done it. So it's very unclear as to 33 00:02:09,520 --> 00:02:16,000 Speaker 1: how Show would actually accomplished this reduction in its emissions 34 00:02:16,000 --> 00:02:21,600 Speaker 1: by m measured against two thousand nineteen levels. And the 35 00:02:21,720 --> 00:02:27,520 Speaker 1: allegation was a human rights violation, it was a mixed yes, 36 00:02:27,960 --> 00:02:32,200 Speaker 1: it was account similar to the Agenda case, which was 37 00:02:32,240 --> 00:02:35,680 Speaker 1: the decision of the Dead Supreme Court ordering the Dutch 38 00:02:35,720 --> 00:02:44,440 Speaker 1: government to reduce emissions UM this year last, which the 39 00:02:44,480 --> 00:02:49,600 Speaker 1: Dutch government did actually um so, so this one um 40 00:02:50,480 --> 00:02:54,640 Speaker 1: is based on the same kind of European Convention for 41 00:02:54,760 --> 00:02:57,880 Speaker 1: the Protection of Human Rights that the Dead Supreme Court 42 00:02:58,000 --> 00:03:01,639 Speaker 1: used in the Agenda case. It all so is looking 43 00:03:01,720 --> 00:03:07,240 Speaker 1: at all kinds of international agreements under the Paris Framework 44 00:03:08,120 --> 00:03:13,919 Speaker 1: UM and common law UM, sort of a sense of 45 00:03:14,080 --> 00:03:19,400 Speaker 1: you know, what's the duty of a corporation in light 46 00:03:19,480 --> 00:03:24,919 Speaker 1: of this overwhelming impact and challenge of climate change. It's imposing, 47 00:03:25,240 --> 00:03:30,400 Speaker 1: said this court, an extra duty of care on the 48 00:03:30,440 --> 00:03:33,040 Speaker 1: part of not just the government, but on the part 49 00:03:33,080 --> 00:03:37,200 Speaker 1: of corporations that are, of course, you know, integral to 50 00:03:37,360 --> 00:03:41,640 Speaker 1: both the problem itself and two solutions to the problem. 51 00:03:41,760 --> 00:03:47,040 Speaker 1: So again, you know, just unprecedented UM and and unclear 52 00:03:47,200 --> 00:03:50,520 Speaker 1: exactly how this is all going to unfold. So this 53 00:03:50,720 --> 00:03:54,760 Speaker 1: is based on Dutch law. Is there any chance that 54 00:03:54,920 --> 00:03:59,720 Speaker 1: other courts in Europe will see this the same way? Well, 55 00:04:00,400 --> 00:04:03,040 Speaker 1: that's an open question. Some of the Dutch scholars that 56 00:04:03,120 --> 00:04:08,120 Speaker 1: I've been reading say that um, it could have a 57 00:04:08,240 --> 00:04:12,960 Speaker 1: bearing on how other European courts look at these questions. 58 00:04:13,760 --> 00:04:18,520 Speaker 1: Another case that bears watching in this frame is the 59 00:04:18,600 --> 00:04:23,360 Speaker 1: case from Portugal. The six young people in Portugal who 60 00:04:23,360 --> 00:04:28,320 Speaker 1: have persuaded the European Court of Human Rights to consider 61 00:04:28,920 --> 00:04:34,159 Speaker 1: their charge that I think six of the member states 62 00:04:34,320 --> 00:04:39,880 Speaker 1: of the European Union, most prominently Poland UM, are guilty 63 00:04:40,240 --> 00:04:45,400 Speaker 1: of exacerbating the climate problem, threatening the well being of 64 00:04:45,440 --> 00:04:48,560 Speaker 1: these young people and and you know, sort of bankrupting 65 00:04:48,560 --> 00:04:52,159 Speaker 1: their future kind of argument. And that case is being 66 00:04:52,320 --> 00:04:56,440 Speaker 1: brief now and will be argued sometime in the next 67 00:04:56,520 --> 00:04:59,040 Speaker 1: few months. So a lot of people are looking at 68 00:04:59,160 --> 00:05:05,480 Speaker 1: that court in that decisions as yet another benchmark, if 69 00:05:05,480 --> 00:05:09,320 Speaker 1: you will, on climate law and its development. So there's 70 00:05:09,360 --> 00:05:16,039 Speaker 1: a lot happening. The German Constitutional Court also recognized the 71 00:05:16,160 --> 00:05:20,080 Speaker 1: rights of future generations are being threatened by climate change 72 00:05:20,480 --> 00:05:25,400 Speaker 1: and have imposed some additional requirements on the federal government 73 00:05:25,440 --> 00:05:29,080 Speaker 1: in Germany UH to to come up with plans to 74 00:05:29,160 --> 00:05:35,440 Speaker 1: address that. We saw in Australia. Another court in Australia 75 00:05:36,080 --> 00:05:41,520 Speaker 1: has recognized once again climate change threatening future generations in 76 00:05:41,520 --> 00:05:45,240 Speaker 1: the context of approving coal mines. Of course, Australia is 77 00:05:45,240 --> 00:05:48,239 Speaker 1: still producing an enormous amount of coal that it sends 78 00:05:48,279 --> 00:05:50,960 Speaker 1: to China and India and other places. So yeah, I 79 00:05:50,960 --> 00:05:54,400 Speaker 1: mean it's hard to keep tracks. There are so many 80 00:05:54,480 --> 00:05:58,599 Speaker 1: cases now moving through different courts around the world. But 81 00:05:58,760 --> 00:06:03,000 Speaker 1: in the United States these cases, for example, there is 82 00:06:03,000 --> 00:06:07,359 Speaker 1: the kid's climate lawsuit that's be installed. These cases aren't 83 00:06:07,360 --> 00:06:10,520 Speaker 1: moving in the United States, are they not? Really? The 84 00:06:10,600 --> 00:06:15,640 Speaker 1: Juliana case, which was the original youth plaintiff case, the 85 00:06:15,640 --> 00:06:18,280 Speaker 1: plaintiffs in that case have gone back to the Federal 86 00:06:18,320 --> 00:06:21,680 Speaker 1: District Court in Oregon and asked Judge Akin to reopen 87 00:06:22,040 --> 00:06:24,359 Speaker 1: the case. It was dismissed by the Ninth Circuit. But 88 00:06:25,440 --> 00:06:28,440 Speaker 1: the planets are trying to get Judge Akin to allow 89 00:06:28,480 --> 00:06:32,960 Speaker 1: them to amend their complaints and narrow the scope of 90 00:06:33,000 --> 00:06:36,800 Speaker 1: remedies so that, you know, something that courts can actually do. 91 00:06:37,520 --> 00:06:40,880 Speaker 1: And Judge Akin has ordered the party's into mediation. That 92 00:06:40,920 --> 00:06:45,280 Speaker 1: means the Justice Department and Our Children's Trust, which represents 93 00:06:45,320 --> 00:06:49,080 Speaker 1: these plantiffs in the mediation. So you know, that's another 94 00:06:49,960 --> 00:06:53,600 Speaker 1: piece of the puzzle. But generally, climate litigation is not 95 00:06:53,720 --> 00:06:57,400 Speaker 1: going forward in any significant way in the United States. 96 00:06:57,440 --> 00:07:01,359 Speaker 1: There's a lot of cases that are challenging individual fossil 97 00:07:01,400 --> 00:07:06,120 Speaker 1: fuel projects, coal mines, oil and gas releases, pipeline you know, 98 00:07:06,160 --> 00:07:08,320 Speaker 1: we're seeing that all the time. But but we're not 99 00:07:08,440 --> 00:07:11,240 Speaker 1: seeing any of the kinds of cases that the Shell 100 00:07:11,440 --> 00:07:16,560 Speaker 1: decision indicates, or this German Constitutional Court decision I mentioned 101 00:07:16,560 --> 00:07:18,760 Speaker 1: indicate we're not seeing anything on that level. In the 102 00:07:18,800 --> 00:07:22,680 Speaker 1: United States. There was an instance of a first time 103 00:07:22,720 --> 00:07:28,320 Speaker 1: activist shareholder with a tiny steak in Exon scoring a 104 00:07:28,440 --> 00:07:32,360 Speaker 1: historic win with getting two seats on the board. So 105 00:07:32,800 --> 00:07:35,280 Speaker 1: is it more from within that we're going to see 106 00:07:35,360 --> 00:07:39,040 Speaker 1: change than from the courts? Yeah? That was that was 107 00:07:39,160 --> 00:07:43,119 Speaker 1: remarkable because you know, usually corporations at their annual meeting 108 00:07:43,200 --> 00:07:48,840 Speaker 1: are able to squash these shareholder petitions. But in this case, 109 00:07:49,000 --> 00:07:52,760 Speaker 1: these these shareholder activists, You're right, we're able to get 110 00:07:52,840 --> 00:07:57,800 Speaker 1: two seats um on the board. Now that doesn't mean 111 00:07:57,800 --> 00:08:00,400 Speaker 1: they're going to change Xon, but it's certainly is an 112 00:08:00,440 --> 00:08:05,160 Speaker 1: inroad into what has been a closed shop or a 113 00:08:05,240 --> 00:08:09,880 Speaker 1: closed board for the activists. And you're also seeing more 114 00:08:09,920 --> 00:08:15,640 Speaker 1: and more in the financial sector increasing concerns and comments 115 00:08:15,680 --> 00:08:19,880 Speaker 1: about the financial risks of all this investment in fossil fuels. 116 00:08:19,920 --> 00:08:22,600 Speaker 1: We saw that with black Rock, you know, the largest 117 00:08:22,640 --> 00:08:26,360 Speaker 1: brokerage firm that has over what seven trillion dollars in 118 00:08:26,400 --> 00:08:30,920 Speaker 1: its portfolio, that the head of black Rock saying they're 119 00:08:30,920 --> 00:08:36,200 Speaker 1: gonna they're they're shifting their focus to sustainability and investments 120 00:08:36,280 --> 00:08:39,559 Speaker 1: in you know, newer, cleaner technologies and so forth. So 121 00:08:40,320 --> 00:08:44,000 Speaker 1: an awful lot happening on the climate front. So I 122 00:08:44,000 --> 00:08:49,320 Speaker 1: want to turn to the Biden administration because environmentalists had 123 00:08:49,360 --> 00:08:54,200 Speaker 1: expected a complete reversal of Trump era legal positions, but 124 00:08:54,280 --> 00:08:58,280 Speaker 1: they've been disappointed in the first months of the Biden administration. 125 00:08:59,120 --> 00:09:04,400 Speaker 1: Politics in truths, Reality and truths. Yeah, Biden is facing 126 00:09:04,600 --> 00:09:08,359 Speaker 1: tensions from both sides. On the left, sort of progressives 127 00:09:08,360 --> 00:09:11,600 Speaker 1: in the climate activists. You know, they want an end 128 00:09:11,760 --> 00:09:14,920 Speaker 1: to oil and gas development right now. They want to 129 00:09:14,960 --> 00:09:17,440 Speaker 1: stop all the pipelines. They want to stop oil and 130 00:09:17,440 --> 00:09:21,600 Speaker 1: gas development everywhere. And Biden during the campaign made some 131 00:09:21,640 --> 00:09:24,199 Speaker 1: promises which he's finding hard to keep. You know, He's 132 00:09:24,200 --> 00:09:27,679 Speaker 1: shut down the Keystone pipeline and that true, I don't know, 133 00:09:27,880 --> 00:09:31,120 Speaker 1: several hundred or thousands of workers out of work, and 134 00:09:31,160 --> 00:09:33,720 Speaker 1: so he took a shot from the unions on that. 135 00:09:34,280 --> 00:09:38,040 Speaker 1: And now most recently, the Justice Department has gone into 136 00:09:38,040 --> 00:09:41,719 Speaker 1: this case in Alaska in the Arctic Petroleum Reserve and 137 00:09:41,800 --> 00:09:44,960 Speaker 1: defended the decision of the Trump administration to open up 138 00:09:45,040 --> 00:09:48,720 Speaker 1: the Arctic. The scuttle butt on that is that Biden 139 00:09:48,880 --> 00:09:52,160 Speaker 1: feels like he owes Lisa Murkowski, you know, one of 140 00:09:52,200 --> 00:09:55,439 Speaker 1: the few Republicans who ever agrees with anything that the 141 00:09:55,520 --> 00:09:58,160 Speaker 1: Democrats in the Senate want to do and what Biden 142 00:09:58,160 --> 00:10:01,000 Speaker 1: would like to do with his infrastructure bill and all 143 00:10:01,040 --> 00:10:04,680 Speaker 1: these big investments. So apparently, you know, he's having to 144 00:10:04,720 --> 00:10:08,000 Speaker 1: cut these deals and balance the left and the right 145 00:10:08,120 --> 00:10:12,559 Speaker 1: and the way he's executing his climate policy. I will say, overall, 146 00:10:13,080 --> 00:10:15,520 Speaker 1: Biden is moving in the right direction. He's not moving 147 00:10:15,760 --> 00:10:18,480 Speaker 1: as aggressively as we'd hoped, but he is moving in 148 00:10:18,520 --> 00:10:21,560 Speaker 1: the right direction, and he's making climate a centerpiece of 149 00:10:21,640 --> 00:10:26,240 Speaker 1: his policy, foreign policy, domestic policy, fiscal policy. He is 150 00:10:26,320 --> 00:10:28,880 Speaker 1: following through on that. But yeah, he's going to break 151 00:10:28,920 --> 00:10:32,440 Speaker 1: some hearts along the way on the phrase. Also some 152 00:10:32,520 --> 00:10:36,560 Speaker 1: of the positions that the Justice Department is taking. For example, 153 00:10:36,640 --> 00:10:40,440 Speaker 1: in April, government lawyers pushed the court to leave intact 154 00:10:40,440 --> 00:10:44,360 Speaker 1: a Trump error rule designed to speed up reviews under 155 00:10:44,360 --> 00:10:47,960 Speaker 1: the National Environmental Policy Act and argue that the Neeper 156 00:10:48,040 --> 00:10:52,440 Speaker 1: rule didn't harm environmental groups anyway. So are the positions 157 00:10:52,480 --> 00:10:57,640 Speaker 1: that they're taking sort of astonishing for this administration. That 158 00:10:57,679 --> 00:11:01,840 Speaker 1: one really troubles me because it's pretty obvious that those 159 00:11:01,920 --> 00:11:06,240 Speaker 1: NIPA rules are allowing projects to be approved without the 160 00:11:06,320 --> 00:11:10,240 Speaker 1: kind of rigorous examination of their impact. Not just on climate, 161 00:11:10,320 --> 00:11:14,880 Speaker 1: but on environment broadly, wildlife, habitat, air quality, water quality, 162 00:11:14,920 --> 00:11:18,240 Speaker 1: and so forth. And yeah, I mean the Biden administration 163 00:11:18,280 --> 00:11:21,000 Speaker 1: went into court and told the court, let's leave these 164 00:11:21,080 --> 00:11:23,360 Speaker 1: NEIPER rules on the book while we think about how 165 00:11:23,360 --> 00:11:26,000 Speaker 1: to change them. And the environmentals were saying, well, no, 166 00:11:26,640 --> 00:11:28,559 Speaker 1: we need to get these rules off the books. We're 167 00:11:28,600 --> 00:11:30,960 Speaker 1: not going to end up with these rules, so why 168 00:11:31,240 --> 00:11:33,960 Speaker 1: leave them in place? Right? So that's a curious one. 169 00:11:34,000 --> 00:11:37,440 Speaker 1: And we've not heard any explanation from the Council on 170 00:11:37,520 --> 00:11:41,040 Speaker 1: Environmental Quality, which is, you know, the the entity that 171 00:11:41,120 --> 00:11:45,199 Speaker 1: actually manages the NIPA process. Haven't heard any explanation for 172 00:11:45,360 --> 00:11:49,000 Speaker 1: why the administration is taking that position and why frankly, 173 00:11:49,040 --> 00:11:52,800 Speaker 1: they're not moving more aggressively to replace those rules. They're 174 00:11:52,840 --> 00:11:56,559 Speaker 1: doing something similar with the rules under the Clean Water Act, 175 00:11:57,160 --> 00:12:01,560 Speaker 1: which we know are are really bad rule because according 176 00:12:01,600 --> 00:12:05,760 Speaker 1: to data that the Core of Engineers has developed, the 177 00:12:05,800 --> 00:12:10,320 Speaker 1: Trump Rule, which revised the scope of protection under the 178 00:12:10,320 --> 00:12:14,560 Speaker 1: Clean Water Act, has threatened of the waters in the 179 00:12:14,640 --> 00:12:18,160 Speaker 1: United States and over fifty of the wetlands. So we 180 00:12:18,240 --> 00:12:21,480 Speaker 1: know those rules are no good for the environment. And 181 00:12:21,559 --> 00:12:26,520 Speaker 1: yet again the Biden administration is telling the courts, don't vacate, 182 00:12:26,640 --> 00:12:31,320 Speaker 1: don't overturn the Trump rules. We're going to engage in 183 00:12:31,320 --> 00:12:35,680 Speaker 1: in what Administrator Reagan has called a stakeholder process and 184 00:12:36,200 --> 00:12:41,160 Speaker 1: try to reach some agreement with the opponents of the 185 00:12:41,200 --> 00:12:45,679 Speaker 1: Clean Water Act rules that the Obama administration had adopted. 186 00:12:45,760 --> 00:12:50,599 Speaker 1: So yeah, I mean, it's just gonna be a situation 187 00:12:50,679 --> 00:12:54,000 Speaker 1: where the Biden administration is going to be weighing each 188 00:12:54,040 --> 00:12:57,280 Speaker 1: one of these issues, apparently with an eye towards the 189 00:12:57,360 --> 00:13:00,640 Speaker 1: politics and eye towards of course they have to do 190 00:13:00,800 --> 00:13:05,839 Speaker 1: legally to make these changes. But um, they're slowing down, 191 00:13:06,080 --> 00:13:10,079 Speaker 1: They're slowing down. How much of this is the politics 192 00:13:10,320 --> 00:13:13,800 Speaker 1: as you talked about the oil leases in Alaska, and 193 00:13:13,840 --> 00:13:18,760 Speaker 1: how much is it not wanting to overturn what a 194 00:13:18,880 --> 00:13:23,400 Speaker 1: prior administration did. Well, some of it is is legally 195 00:13:24,559 --> 00:13:28,040 Speaker 1: is being you know, thought about in terms of will 196 00:13:28,120 --> 00:13:32,440 Speaker 1: the courts go along with the rapid and sort of 197 00:13:32,520 --> 00:13:37,480 Speaker 1: wholesale reversal of the Trump policies. I mean, you have 198 00:13:37,520 --> 00:13:41,960 Speaker 1: to remember Trump has now I think two hundred and 199 00:13:42,080 --> 00:13:46,480 Speaker 1: forty of his judicial appointments are on the federal bench, 200 00:13:46,520 --> 00:13:47,880 Speaker 1: and of course we know three of them are on 201 00:13:47,960 --> 00:13:52,560 Speaker 1: the Supreme Court. So there is some legitimacy to the 202 00:13:52,600 --> 00:13:57,280 Speaker 1: Biden administration and the Department of Justice proceeding with some caution, 203 00:13:58,200 --> 00:14:02,440 Speaker 1: you know, as they make these changes, but leaving some 204 00:14:02,559 --> 00:14:07,520 Speaker 1: of these rules in place with no announced deadline by 205 00:14:07,559 --> 00:14:11,560 Speaker 1: which they're going to be changed. That's that's concerning, I 206 00:14:11,600 --> 00:14:14,520 Speaker 1: would say, And it may be that as partly due 207 00:14:14,600 --> 00:14:18,600 Speaker 1: to getting staffed up at these various agencies. I mean, 208 00:14:18,600 --> 00:14:22,840 Speaker 1: we don't yet have uh, the new head of the 209 00:14:22,920 --> 00:14:29,880 Speaker 1: Department of Justice Environmental Section approved this um. This individual 210 00:14:29,960 --> 00:14:33,520 Speaker 1: named Kim has been nominated, but but you know, with 211 00:14:33,560 --> 00:14:36,280 Speaker 1: everything else going on in Congress, he hasn't been confirmed yet, 212 00:14:36,480 --> 00:14:40,280 Speaker 1: So we don't really have one of the key people 213 00:14:40,920 --> 00:14:45,160 Speaker 1: in the Biden administration that has to oversee all this litigation, 214 00:14:46,000 --> 00:14:48,480 Speaker 1: you know, that's going to be required to get resolved 215 00:14:48,480 --> 00:14:51,760 Speaker 1: in order for the Biden rules to finally take effect. 216 00:14:53,560 --> 00:14:57,360 Speaker 1: We've talked about the oil leases in Alaska before, and 217 00:14:57,400 --> 00:14:59,840 Speaker 1: I have to say I was very surprised because I 218 00:15:00,000 --> 00:15:02,680 Speaker 1: thought that was one of the things the Biden administration 219 00:15:02,800 --> 00:15:07,200 Speaker 1: would immediately try to get out of. And you know, 220 00:15:07,320 --> 00:15:09,520 Speaker 1: the thing of it is that that kind of a 221 00:15:09,600 --> 00:15:14,160 Speaker 1: decision has such a long, uh lead time. I mean 222 00:15:14,160 --> 00:15:16,640 Speaker 1: that they're going to be developing that oil and gas 223 00:15:16,640 --> 00:15:20,640 Speaker 1: for a very long time, thirty years maybe, So it's 224 00:15:20,680 --> 00:15:24,720 Speaker 1: not just a one off deal. It's a major deal, um. 225 00:15:24,720 --> 00:15:27,800 Speaker 1: And it has all kinds of environmental justice impact because 226 00:15:27,800 --> 00:15:31,160 Speaker 1: of the opposition not uniform, but but a lot of 227 00:15:31,160 --> 00:15:35,880 Speaker 1: opposition from the native villages up there. Oh yeah, that 228 00:15:36,000 --> 00:15:39,440 Speaker 1: was that was a bad one. So all those oil 229 00:15:39,480 --> 00:15:42,880 Speaker 1: leasts are going through, or just some of them, just 230 00:15:43,000 --> 00:15:45,400 Speaker 1: some of them. It's just it's just this one particular. 231 00:15:45,680 --> 00:15:49,560 Speaker 1: And it's true that this this National Petroleum Reserve was 232 00:15:49,720 --> 00:15:53,040 Speaker 1: set up, of course to develop the oil and gas. 233 00:15:53,040 --> 00:15:54,680 Speaker 1: That's the whole point of it. So you know, I 234 00:15:54,960 --> 00:15:59,480 Speaker 1: get that. Um. You know, the administration would be you know, 235 00:15:59,760 --> 00:16:06,400 Speaker 1: they be risking perhaps some legal vulnerability if they were 236 00:16:06,440 --> 00:16:11,080 Speaker 1: to completely uh you know, prohibited. But but they went 237 00:16:11,160 --> 00:16:15,520 Speaker 1: in and defended, um, the work that the Trump administration 238 00:16:15,560 --> 00:16:19,240 Speaker 1: had done under NIAPA under the Endangered Species Act um. 239 00:16:19,480 --> 00:16:23,560 Speaker 1: And um, you know, from what I have read anyway, 240 00:16:23,960 --> 00:16:26,960 Speaker 1: there's a lot of reason why that those environmental assessments 241 00:16:26,960 --> 00:16:29,800 Speaker 1: are not good and need to be redone and at 242 00:16:29,880 --> 00:16:32,400 Speaker 1: least that Biden administration could have agreed to do that, 243 00:16:33,000 --> 00:16:36,600 Speaker 1: but it went in and defended, you know, right down 244 00:16:36,600 --> 00:16:40,160 Speaker 1: the line everything that had been done by Trump. Thanks 245 00:16:40,200 --> 00:16:43,520 Speaker 1: so much, Pat. As always, that's Professor Pat Parento of 246 00:16:43,600 --> 00:16:46,280 Speaker 1: the Vermont Law School. And that's it for this edition 247 00:16:46,320 --> 00:16:49,000 Speaker 1: of the Bloomberg Law Show. Remember you can always at 248 00:16:49,040 --> 00:16:51,760 Speaker 1: the latest legal news on our Bloomberg Law Podcast. You 249 00:16:51,800 --> 00:16:55,680 Speaker 1: can find them on Apple Podcasts, Spotify, and at www 250 00:16:55,760 --> 00:16:59,840 Speaker 1: dot Bloomberg dot com, slash podcast, slash Law. I'm June 251 00:17:00,040 --> 00:17:02,119 Speaker 1: also and you're listening to Bloomberg