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Greater Guidance Comes To Calif. For Land Appraisals

Courts have long recognized that valuing mineral rights in eminent domain proceedings is inherently speculative, which can lead to wide swings in property valuations. So how can appraisers, property owners and public agencies...more

Massive California Water Bond Slated for November 4 General Election as Proposition 1

2014 Water Bond targets state’s long-term water needs and aquatic ecosystems. Two months from today, the California electorate will vote up or down on a massive water bond which Governor Jerry Brown signed on August...more

Assessment of Vancouver Energy Socioeconomic Impacts: Primary Economic Impacts

The Vancouver Energy project – an energy distribution terminal proposed for Vancouver, Washington – would create significant economic value and drive regional employment, according to an economic impact assessment conducted...more

Water Resources Legislation Could Lead to Increase of U.S. Water P3s

President Obama recently signed into law the Water Resources and Reform Development Act of 2014 (WRRDA). The statute begins to address ways to fund the billions of dollars necessary to update the country’s drinking water...more

Historic Water Resources Reform and Development Act Enacted into Law

On June 10, 2014, President Obama signed into law the Water Resources Reform and Development Act of 2014 (“WRRDA”) (Public Law No: 113-121). The primary purpose of the bill is to provide funding for improvements to rivers...more

Congress Passes WIFIA Pilot Program

Following the 412-4 vote in the U.S. House on Tuesday and the 91-7 vote in the U.S. Senate yesterday, the president is expected to quickly sign into the law the Water Resources and Reform Development Act of 2014 (WRRDA). In...more

The Eagle Ford

2013 was another remarkable year in the Eagle Ford. Whereas five years ago few had heard of it, today the Eagle Ford is one of the largest oilfields in the United States. What is most exciting is that the play is just...more

REsource - Winter 2013/2014

In This Issue: Bringing Non-U.S. Capital Into (and Back Out of) U.S. Real Estate; A Wider Play of Shale: A Hydraulic Fracturing Primer; California Clears Way for Pollution Clean-Up with AB 440; and Which Way is the...more

Capital Infusion: Practical Environmental Considerations in Acquiring or Securing Financing with Real Estate

This article focuses on environmental due diligence issues in the context of acquiring commercial/industrial real estate or using real property to secure financing. The analysis and risk factors for the acquisition of real...more

Renewable Energy Update -- July 11, 2013

Renewable Energy Focus - Why aren't there more solar plants in the desert? -- The Huffington Post - Business - Jul 2: The vast and glittering Ivanpah solar facility in California will soon start sending electrons to...more

OSC Staff Notice 43 705, Review Of Technical Reports By Ontario Mining Issuers

On June 27, 2013, the OSC issued Staff Notice 43-705 addressing OSC concerns with respect to disclosure in technical reports....more

MA to Issue AA+ $100m of Green Bonds on June 4

The State of Massachusetts announced that on June 4, 2013, it will issue $100 million of Green General Obligation Bonds (“GO Green Bonds”) underwritten by Bank of America Merrill Lynch....more

2013 Federal Budget Impact On Mining Activities

The good news is that the mineral exploration tax credit of 15% has been extended for an additional year. In addition, the budget has made an amendment to Section 66.1(6) of the federal tax legislation to add the words...more

Budget Briefing 2013

The Honourable Jim Flaherty, Minister of Finance, tabled Budget 2013 today. In his Budget Speech, the Minister lauded Canada’s economic strength and achievements over the last seven years, while acknowledging that there are...more

Dam Removal - A US National Infrastructure Issue

Originally Published in Project Finance International, February 27, 2013. Experts estimate that approximately 85% of the 79,000 dams in the United States will approach the end of their operational life by 2020. The...more

Quebec Tightens Rules On Financial Guarantee Requirements For Rehabilitation And Restoration Plans

On February 13, 2013, a notice was published in the Gazette officielle du Québec by the Minister of Natural Resources, Martine Ouellet, announcing amendments to the Regulation respecting mineral substances other than...more

DEEP Updates Engineered Control Financial Assurance Guidance

On January 31, 2013, the Connecticut Department of Energy and Environmental Protection (DEEP) unveiled revisions to guidance on financial assurance for engineered control variances under the Remediation Standard Regulations...more

Maryland Governor Proposes $1.5 Million Funding For Hydraulic Fracturing Study

As we have discussed in prior posts, Maryland has in place a de facto moratorium on shale exploration and drilling. Responding to inquiries about drilling into Marcellus shale formations in western Maryland, in 2011 Governor...more

On the Heels of Declaring South Fayette Township Ineligible to Receive Impact Fee Funds, Judge Quigley of Commonwealth Court...

On October 18, 2012, the PUC issued an opinion after reviewing an ordinance enacted by South Fayette Township relating to natural gas drilling, which found the Township in violation of Act 13. Due to the violations, the...more

CFIUS Update: President Blocks Ralls Transaction

As addressed in our September 27 blog, the Committee on Foreign Investment in the United States (CFIUS) was sued in U.S. District Court by Ralls Corp relating to the acquisition by Ralls of four Oregon companies whose assets...more

Seventeen Central Valley Levee Systems Lose Eligibility For Federal Rehab Assistance

On August 23, 2012, the U.S. Army Corps of Engineers (“Corps”) announced that 17 Central Valley levee systems are now ineligible for federal rehabilitation assistance, after a temporary agreement between the Corps and the...more

State Grants Assist Development of Local Stormwater Programs

The Virginia Department of Conservation and Recreation (DCR) recently issued an RFP to solicit proposals to establish grant agreements for the development of Virginia Locality Stormwater Programs. State grant applications are...more

Introduction of Omnibus Bill to Impact Portions of Plan Nord and to Introduce Oil and Gas Mineral Rights Auctions

On May 15, 2012, the Québec Government introduced in the National Assembly An Act respecting mainly the implementation of certain provisions of the Budget Speech of 20 March 2012 (Bill 73), an omnibus bill providing for...more

Shale Gas: What Is New in China?

The National Development and Reform Commission, China’s Ministry of Finance, the Ministry of Land and Resources (MLR), and the National Agency of Energy on March 13, 2012 jointly published the first five-year plan for...more

Renewable Energy Projects: Tax-Exempt and Other Tax-Advantaged Financing

The term “renewable energy” describes energy that comes from natural resources that are naturally replenished, including solar energy, wind energy, geothermal energy, bio-energy, wave power, tidal power and hydroelectricity....more

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