To close the loop on our previous stories regarding the WRRDA (here and here), President Obama signed the Water Resources Reform and Development Act of 2014 on Tuesday. Now it is on to the appropriation process, although there are some immediate changes to how projects are approved, etc., that we could see the
Capital and Funding
Mexico Joins Maritime Redevelopment Fun
As we have previously detailed (here and here), Congress just passed, and the President is expected to sign, the first water resource development bill since 2007. This will make ports on both coasts more competitive internationally. For those ports here in the Pacific Northwest, it will make them more competitive with Canadian ports…
Update and Additional Information on WRRDA
As expected, the Senate passed WRRDA yesterday by a vote of 91-7.
The importance of the first water resources bill in seven years cannot be overstated, particularly if you are a port on the west coast. For years, your shippers have been paying into the Harbor Maintenance Trust Fund (HMTF), presumably for maintaining the…
Can a New Political Consensus be Found to Keep a 75-Year Supply of Natural Gas from Dooming Renewable Energy?
In an April 12, 2012 article in the New York Times, Jad Mouwad wrote about the transformation in United States’ energy fortunes that is fundamentally changing much of what we thought we knew about domestic and international realities. After decades of viewing ourselves as energy depleted, he writes, the United States now finds itself cutting…