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Oil Drilling Bans Advance in House With Climate Change Assault

  • House panel votes to fold bill into $3.5 trillion budget plan
  • Measure would provide billions for climate and conservation
Chevron Corp. Jack/St. Malo Platform As Big Oil Rivals Shale In Gulf
Photographer: Luke Sharrett/Bloomberg
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A House committee on Thursday advanced sweeping legislation to combat climate change, with plans to block oil drilling in most U.S. offshore waters, thwart potential mining in the western part of the country and invest billions of dollars in conservation.

The $31.7 billion measure, approved 24-13 by the House Natural Resources Committee, would also slap new fees on oil and mining companies while funding drought relief, conservation and other programs. It is now set to be folded into a broader multi-trillion-dollar social reform and climate change bill taking shape in the House.