Archive for the ‘Energy & Environment’ Category
New Report Explains Why Globalizing Louisiana’s Natural Gas Revolution Makes Economic and Environmental Sense
Exporting U.S. natural gas could achieve the dual benefits of global climate-change mitigation and local/national economic development.
Louisiana faces real vulnerabilities and cannot afford to see funds misused on projects that do not advance the act’s goals. This opportunity to accomplish something good out of the BP disaster should not be squandered.
Texas, Louisiana, Mississippi, Alabama, and Florida all border the Gulf of Mexico and between these five states alone they have passed nearly 1,000 laws criminalizing various coastal activities.
In Louisiana alone, over $60 billion in new manufacturing investments have been announced over the past 24 months: the justification of which are all tied to abundant U.S. unconventional natural gas supplies.
Are the attorneys and plaintiffs who file lawsuits built around oilfield contamination allegations genuinely concerned about environmental damage? Or, are they instead motivated by a loophole in the law that allows for financial awards to be detached from cleanup efforts?