LogIn LogOut

NOIA Weighs in on The COASTAL Act

August 2, 2019

National Ocean Industries Association (NOIA) Vice President for Government and Political Affairs Tim Charters
National Ocean Industries Association (NOIA) Vice President for Government and Political Affairs Tim Charters
Logo: NOIA
Logo: NOIA

National Ocean Industries Association (NOIA) Vice President for Government and Political Affairs Tim Charters issued the following statement after the introduction of the Conservation of America’s Shoreline Terrain and Aquatic Life (COASTAL) Act:

“It is vital that American offshore energy production promote equity for the states immediately adjacent to these offshore areas. By amending GOMESA and establishing a revenue sharing program for Alaska, the COASTAL Act will ensure that these states receive continued benefits from their participation in offshore energy production, while still protecting an irreplaceable revenue stream for the U.S. Treasury, the Land and Water Conservation Fund (LWCF), Historic Preservation, and other important Federal funding priorities. Congress must connect the dots between responsible offshore energy development and the critical funding it can provide the American public. This bill is a step in that direction.

“NOIA also urges Congress to examine the potential for distributing offshore energy revenues with Atlantic states in order to share the full bounty of America’s outer continental shelf with coastal states.

“NOIA applauds Senators Bill Cassidy (R-LA) and Lisa Murkowski (R-AK) for introducing this bill and looks forward to supporting this legislation as it moves through Congress.”



Current News

QP: North Field Works Going Full Steam Ahead.

QP: North Field Works Going Full Steam Ahead.

India's April Crude Processing in Biggest Drop Since 2003

India's April Crude Processing in Biggest Drop Since 2003

Lockdown Measures Tightened at Kazakhstan's Karachaganak Gas Field

Lockdown Measures Tightened at Kazakhstan's Karachaganak Gas Field

Mammoet Lands its ‘Biggest Ever’ Contract at Arctic LNG 2 Project

Mammoet Lands its ‘Biggest Ever’ Contract at Arctic LNG 2 Project

Malaysia: Tanjong Baram Field Contract Terminated

Malaysia: Tanjong Baram Field Contract Terminated

Lightning Sparks Fire at Hengyuan's Malaysian Refinery

Lightning Sparks Fire at Hengyuan's Malaysian Refinery

Petronas Braces for Severe 2020 Hit. 1Q Profit Down 68%

Petronas Braces for Severe 2020 Hit. 1Q Profit Down 68%

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com