Summary
Sens. John F. Kerry and Joseph I. Lieberman unveiled legislation Wednesday to expand offshore oil and natural-gas production as well as reduce greenhouse-gas emissions by 17 percent this decade from 2005 levels.
The bill attempts to remake the nation's energy sector amid lawmaker anger over the growing oil slick in the Gulf of Mexico. It would give coastal states 37.5 percent of the drilling revenue and the authority to block production within 75 miles of shore, according to a summary of the bill.See the full content of this document
Extract
Senators Unveil Bill On Energy Production
"The path to progress has been long but despite Washington conventional wisdo...
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