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Oil And Gas Rules News

07 Oct 2014

Canada to Miss 2020 Emissions-cut Target

Canada is set to badly miss a 2020 target for cutting emissions of greenhouse gases, in part because of its failure to regulate the booming oil and gas sector, Parliament's environmental watchdog said on Tuesday. The scathing report by Environment Commissioner Julie Gelfand will add to the political challenges faced by the right-leaning Conservative government, which polls show could lose power in an election set for 2015. The government has deep political roots in energy-rich Western Canada - home to the Alberta tar sands - and says it will do nothing to harm economic development. Gelfand found Ottawa did not even have a plan for how it would meet a commitment under the 2009 Copenhagen Accord to cut emissions by 17 percent below 2005 levels by 2020.

29 Jun 2011

BOEMRE Ups OCSLA and OPA Penalties

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) announced that the maximum civil penalty rate for Outer Continental Shelf Lands Act (OCSLA) violations will increase from $35,000 to $40,000 per day; and from $25,000 to $30,000 per day for Oil Pollution Act (OPA) financial responsibility violations. The increases coincide with adjustments in inflation, as required by OCSLA and OPA. The Obama administration has requested that Congress pass legislation to further raise the maximum civil penalty rates beyond the rate of inflation. “Even with the inflation adjustment, which is the limit of our current regulatory authority, our civil fine authority is inadequate. That view is shared by energy companies operating on the OCS.