Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
World
Bernadette B. Tixon

Polar Bears, Caribou, and an 11-Billion-Barrel Gamble: Inside Trump's Bid to Break Open America's Last Arctic Refuge

Trump administration opens 689,000 acres of Alaska’s Arctic refuge for oil and gas bidding. (Credit: The White House/WikiMedia Commons)

The Trump administration opened 689,000 acres of Alaska's Arctic National Wildlife Refuge (ANWR) to oil and gas bidders on 5 June, pushing ahead with one of the most contested energy proposals in American history. The auction covers a remote and pristine habitat for species including polar bears, caribou, and migratory birds. It represents the latest test of industry appetite for drilling in northern Alaska — a high-risk endeavour involving decades of work and billions of dollars of investment.

The US Bureau of Land Management (BLM), an arm of the Department of the Interior, put 60 tracts up for auction. Companies were required to submit bids by 3 June, with results to be opened and read via a livestream at 10:00 am local time.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.