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Last week on Capitol Hill, the House Energy and Commerce Committee majority staff released a report charging that the 1603 Grants in Lieu of Tax Credits program appears to have “unduly benefitted” foreign companies. The Department of Interior announced that it will retract its draft rule on fracking and issue an amended proposal sometime in the first quarter of this year, and eighteen of the country’s top climate scientists sent a letter to President Obama urging him to reject the Keystone XL oil sands pipeline.
For additional timely information on state and federal administrative and legislative activities, please see ML Strategies’ weekly Energy and Environmental Update.