GNO Economic Development Package

Wednesday, April 29, 2009

As the 2009 state legislative session gets underway, Greater New Orleans, Inc. said it will be active in targeted areas of Energy, Trade, Creative Media, and Tax Competitiveness.

The Energy policy platform is branded as REEL - Renewed Energy Economy of Louisiana.  The energy package includes legislation to incentivize deep gas exploration and enhanced oil recovery.  The energy legislation will be led by Rep. Nickie Monica from the River Parishes and Senator Blade Morrish from Southwest Louisiana.

A recent study conducted by economist Dr. Jim Richardson projects that the combined impact of passing the energy bills would increase state revenues by $25 billion dollars over the next 30 years through increased oil and gas production, especially in south Louisiana.

Michael Hecht, President and CEO of GNO, Inc. said, "The REEL energy proposal will be our signature issue of the spring legislative session, with significant economic gains for the region if passed into law, in terms of new business activity in the oil and gas industry."

The REEL Coalition is led by GNO, Inc. and supported by several business groups thus far in and out of the region, including the Plaquemines Association of Business & Industry, River Region Chamber of Commerce, local business councils, South Louisiana Economic Council, Lafayette Economic Development Authority, and South West Chamber of Louisiana.

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

US Oil Platform on Fire in Gulf Of Mexico

An oil platform caught fire and was evacuated in the U.S. Gulf of Mexico offshore Louisiana in the early hours of Friday, though no injuries were reported, the U.

IMO Adopts Polar Code Environmental Provisions

United Nations' International Maritime Organization (IMO) has adopted the environmental part of the Polar Code. Hereby, internationally binding regulations on

Two Hurt in Petrobras Platform Accident; Output Halted

Brazil's state-led oil company Petrobras was forced to stop output at its P-56 offshore oil production ship on Wednesday in the Marlim Sul field after an explosion

 
 
Maritime Standards Naval Architecture Navigation Pipelines Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1122 sec (9 req/sec)