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Law Last Year News

02 Nov 2023

White House Says It is Committed to Offshore Wind Despite New Jersey Setbacks

Credit: Orhan Çam/AdobeStock

The Biden administration on Wednesday said it is committed to supporting the nascent U.S. offshore wind industry despite challenges that prompted the cancellation this week of two major planned projects off the coast of New Jersey.The White House and Interior Department both issued statements backing the sector shortly after Denmark's Orsted said soaring cost inflation, high interest rates and supply chain bottlenecks had forced it to stop development on the projects. Expansion of offshore wind is a key pillar of President Joe Biden's plan to decarbonize the U.S.

20 Jan 2022

US Allocates $14 Billion to Expand Ports, Shore Up Waterways

© Mariusz / Adobe Stock

The Biden administration on Wednesday said it will fund $14 billion in projects to improve the country's ports and waterways in an effort to increase climate resilience, improve drinking water sources and bolster the U.S. supply chain.The funds, for fiscal year 2022, target more than 500 projects in 52 states and territories, including Florida's Everglades and the Port of Long Beach in California, the White House said in a statement."These key projects will strengthen the nation’s supply chain…

12 Jan 2021

US Ramps Up Fight Against Illegal Fishing

(Photo: NOAA)

NOAA has entered into a memorandum of understanding with the U.S. Agency for International Development (USAID) to combat illegal, unreported and unregulated (IUU) fishing across borders and promote sustainable fisheries abroad, as the U.S. ramps up its fight against practices that threaten global food security, damage economies and risk the sustainability of fisheries and marine ecosystems.This partnership builds on NOAA's larger work with the U.S. State Department and U.S. Coast Guard under the Maritime SAFE Act…

10 Jun 2020

Japan's TEPCO to Spend $9-18B by 2035 on Offshore Wind, Hydro

Illustration; Credit - Peterjohn Chisholm/AdobeStock

TEPCO Renewable Power, a unit of Tokyo Electric Power Company Holdings, plans to spend about 1-2 trillion yen ($9-18 billion) to develop 6-7 gigawatts (GW) of offshore wind and hydroelectric power projects by 2035, its president said."We aim to boost our profit to 100 billion yen in 2030 from 40 billion yen now" through the investments, Seiichi Fubasami, president of TEPCO Renewable Power, told Reuters last week in an interview.Its parent TEPCO, which has been struggling to restart nuclear power stations after the Fukushima disaster of 2011…

10 Apr 2020

Orsted Hopes COVID-19 Will Not Slow Japan's Offshore Wind Projects

Illustration; Orsted's offshore wind farm - Image by Orsted

Orsted, the world's largest offshore wind farm developer, is concerned the coronavirus may delay auctions for offshore projects as it prepares to enter the market, the head of its Asia-Pacific unit said. "The pandemic will not influence investment decisions and general confidence in offshore wind, but it could delay the projects' timeline," Matthias Bausenwein, president of Orsted Asia-Pacific, told Reuters in a telephone interview. "We hope that we won't see any major delays," he said.

01 Jun 2018

US Pacific Command Renamed in Symbolic Nod to India

(U.S. Navy photo by James Mullen)

The U.S. military on Wednesday renamed its Pacific Command the U.S. Indo-Pacific Command, in a largely symbolic move underscoring the growing importance of India to the Pentagon, U.S. officials said.U.S. Pacific Command, which is responsible for all U.S. military activity in the greater Pacific region, has about 375,000 civilian and military personnel assigned to its area of responsibility, which includes India.“Relationships with our Pacific and Indian Ocean allies and partners have proven critical to maintaining regional stability,” U.S.

16 May 2013

Jumping Off the Fiscal Cliff?

You are not alone if you are bewildered by the talk in Washington about “sequester,” “continuing resolution”, “fiscal cliff,” “budget resolutions,” and “debt ceilings.”  Even those of us who think we understand what’s going on have trouble keeping up. This article will break down the talk into segments on the continuing resolution that funds the government for the rest of this fiscal year: the House and Senate budget resolutions, the upcoming debt ceiling fight; and, finally, the President’s budget request for FY2014. The focus is on maritime, transportation and energy programs.

21 May 2007

AAPA Lauds House Appropriations Subcommittee

Responding to the inclusion of $400 million for port security grants in the mark-up of the fiscal 2008 Homeland Security Appropriations bill last Friday, American Association of Port Authorities (AAPA) President and CEO Kurt Nagle praised the House Appropriations Subcommittee on Homeland Security and its chairman, Rep. David Price (D-NC), and ranking member, Rep. Hal Rogers (R- KY). "As handlers of most of America's vast international cargo trade, public ports are often our first line of defense against terrorism," said Mr. Nagle. Nagle noted that, while funding for port security has been on the increase in the years following 9/11, this year Congress is making port security a priority.