Coastal state governors are looking to advance OCS development in an effort to generate new tax revenue for their states. E&E Daily reports:
Governors group pushes for shared revenue, faster permits: A group of governors plans to pressure Congress and the Obama administration this year to make offshore drilling easier and more profitable for states.
Meeting Friday in Washington, D.C., members of the Outer Continental Shelf Governors Coalition said they planned to work with senators on the Energy and Natural Resources Committee on revenue-sharing legislation, which would require the federal government to share royalties with states producing energy off their coasts.
The coalition also expressed support for bringing offshore renewable development into the revenue-sharing fold, an idea committee ranking member Lisa Murkowski (R-Alaska) and Chairman Ron Wyden (D-Ore.) are considering.
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