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U.S. Senators Cassidy, Whitehouse Introduce Bill to Improve Gulf of Mexico Revenue Sharing Program


U.S. Senators Cassidy, Whitehouse Introduce Bill to Improve Gulf of Mexico Revenue Sharing Program
June 22, 2021
U.S. Senators Bill Cassidy (R-LA) and Sheldon Whitehouse (D-RI) recently introduced legislation aimed at increasing funding for coastal restoration and hurricane protection. The Reinvesting in Shoreline Economies & Ecosystems (RISEE) Act would make needed improvements to the Gulf of Mexico Energy Security Act (GOMESA) and create a dedicated funding stream for future offshore wind development revenues.
“Dedicated, reliable funding streams not only allow for good projects today, but provide the foundation for a program of well-planned, pre-disaster investments in coastal resilience,” said CPRA Chairman Chip Kline. “With coastal adaptation needs growing across Louisiana, it is not a moment too soon to revisit federal impact assistance from energy production in the Gulf. Other states with energy and mineral development on federal land face no cap and share ....

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Biden ends infrastructure negotiations with Republican senators


Biden ends infrastructure negotiations with Republican senators
By Grace Segers, Jack Turman, Rebecca Kaplan
June 9, 2021 / 7:11 AM
/ CBS News
White House ends infrastructure talks with GOP
President Biden has ended negotiations with Senator Shelley Moore Capito and Republicans over infrastructure legislation, telling Capito Tuesday that the latest GOP offer didn t meet the essential needs of our country to fix roads and bridges, prepare the nation for a future reliant on clean energy and create jobs, according to White House press secretary Jen Psaki.
Psaki said that Mr. Biden has talked with several House and Senate lawmakers over the past two days, and he appreciated Capito s efforts and good faith conversations, but he was disappointed that after he had reduced his plan by over $1 trillion, Republicans had increased their proposed new investments by only $150 billion. ....

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