That revenue is just a bid among federal programs and shared with the state, local and tribal governments. Finally, we will hear testimony on two measures that would boost revenue sharing from onshore renewable as well as offshore development. Both bills under consideration or sponsored by members of this committee. Senator cassidy has introduced s2418 which is the coastal act and senator mick sally has introduced f2 666 which is a public lands are knowable Energy Development act. As a cosponsor of the coastal act i want to thank senator cassidy for introducing legislation that would bring revenue sharing for coastal producing states into parity with onshore developments. Progress laid the foundation through the passage of the gulf of Mexico Energy security act back in 2006. At that time the bill did not include alaska. The coastal act we are considering now what establish a Revenue Sharing Program that would include alaska. At the current time our offshore production is pretty minimal
We are here this morning for three closely related purposes and first we will examine federal revenues generated from Energy Development on our federal lands, indian lands and federal offshore areas. Secondly, we will explore how that revenue is just a bid among federal programs and shared with the state, local and tribal governments. Finally, we will hear testimony on two measures that would boost revenue sharing from onshore renewable as well as offshore development. Both bills under consideration or sponsored by members of this committee. Senator cassidy has introduced s2418 which is the coastal act and senator mick sally has introduced f2 666 which is a public lands are knowable Energy Development act. As a cosponsor of the coastal act i want to thank senator cassidy for introducing legislation that would bring revenue sharing for coastal producing states into parity with onshore developments. Progress laid the foundation through the passage of the gulf of Mexico Energy security ac
Neighborhood quarry watchdog coalition. Homes were built in close proximity to this quarry. The prior owner indicated it was going to close. That never happened. Our production levels have been lower. We are requesting more time to remove the reserves there. Reporter amy d i tra spent the day telling neighbors how the quarry works to be a good neighbor. We are come playing with 172 conditions there to make sure we mitigate any impacts to our neighbors. Reporter and she laid out the plan for another 20 years of operation and a reclamation strategy. It would operate quite some time. How could it be an open operating quarry . Until they run out of that 17. 5 million tons of rock. Reporter so my big question, what becomes of this giant pit. They will chip on the northwest wall until one day, about 30 years if now, one osio blou a Ground Breaking sea wall and San Francisco bay will explorer just circumnavigated come flooding in here. The american and antarctic voila, you have a brand new co
The city not the project sponsor how section 802, 810a work relative to the replacement the types of trees and what is significant and is that a 36inch box . I had very specific questions. None of which mr. Rich even remotely touched on. So and i mean this is your problem but that was not what i originally asked. And none of that has been responded to at all, which is why i nicely said that mr. Richs comments were not wholly satisfactory. But proceed. Ill touch on a couple of things. As mr. Rich did say supervisor peskin, we are not at a level of plans yet. So i couldnt tell you the exact size of the boxes that will be put back in. But the street trees, as you mentioned, there are 15 existing street trees along california street that were referenced earlier. They are new Zealand Christmas trees. Those trees will be removed and replaced around the site perimeter with 88 new street trees. The street trees along california that were referenced are going to match the street trees that were
Francine lacqua is at the london event. We will join her later in the show. Lets get you through some of the Wild Movement in Global Markets. It was risk on. Believe that the chinese delegation was looking at a broad area of subjects, but now the latest lines coming through around basketball broadcasts. Now a warning from the chinese side. China sang stay tuned for a retaliation when it comes to the blacklisting of Chinese Companies by the u. S. Government. The market in the last five to 10 minutes is clearly turning. U. S. Equity futures 0. 1 lower. Gold, same story, flipping around, now higher. Trepidation percolating throughout the classes. The aussie dollar coming off the highs of the session. Other surveillance points to look out for. Francine. K. Time will be speaking to the chief executive of Fidelity International. Dodds half past 9 00 london time. Chinese state tv halting broadcasts of the National Basketball association games, saying the backlash intensifies over a tweet expr