"The climate benefits could be huge. The Wilderness Society estimates that planet-warming pollution from oil, gas and coal extracted from federal lands is equivalent to between one-fifth and one-fourth of all U.S. carbon emissions.
Oil and gas companies argue that a leasing moratorium would merely shift production overseas. But a recent working paper from the think tank Resources for the Future concluded there would be still large emissions reductions even with some 'leakage.'"
