Energy And Environment Update -- March 18, 2012

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In This Issue:

Energy and Climate Debate; Congress; Administration; Department of Defense; Department of Commerce; Department of Energy; Environmental Protection Agency; Government Accountability Office; States; International; and Miscellaneous.

Excerpt from Energy and Climate Debate

Following an extended debate over a number of non-germane energy amendments, the Senate overwhelmingly approved March 14 a $109 billion transportation bill that would fund road and transit projects for the next two years. The bipartisan 74-22 vote places added pressure on Speaker of the House John Boehner (R-OH) and House Republicans to either pass a measure of its own or take up the Senate-approved version before current highway funding expires March 31.

The legislation extends current levels indexed to inflation while also reforming the project review process and consolidating a few federal programs. The Speaker’s preferred language is a five-year, $260 billion package that would pay for infrastructure projects with revenue from new domestic oil and gas drilling; while House Republicans have been divided on the measure, it is possible that the House could move to the Senate bill soon.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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