This bill would limit fossil fuel development on U.S. federal land and water. Specifically, it would affect:
Federal lands: Banning all new leases for fossil fuel development and terminate any current leases that are non-producing.
Arctic and Atlantic Oceans: Prohibiting any offshore drilling.
Pacific Ocean and Gulf of Mexico: Banning new leases for offshore drilling and end non-producing leases.
The bill would not affect production on privately owned land. Instead, it targets the 24 percent of U.S. carbon emissions (and 3-4 percent of worldwide emissions) that originate on U.S. federal lands.