Saturday, November 23, 2024

John Thune News

U.S. Wind Firms Cheer Senate Tax Bill Provisions

The U.S wind energy industry on Friday cheered a Senate tax proposal that, unlike the House version unveiled last week, preserves the tax credit that helps wind farms compete with plants fired by fossil fuels. The Senate plan brought relief to an industry that has spent the last week warning lawmakers on Capitol Hill that changes to the credit would put $50 billion in planned investment at risk.

Train Lobby Pushes to Weaken Safety Rule

Billionaire investor Warren Buffett is set to be a chief beneficiary of a bid by Senate Republicans to weaken new regulations to improve train safety in the $2.8 billion crude-by-rail industry, a key cog in the development of the vast North American shale oil fields. A series of oil train accidents, including the July 2013 explosion of a train carrying crude in Lac-Megantic, Quebec, that killed 47 people, led U.S.

GOP Warns Iran on Nuclear Deal with Obama

Republican senators warned Iran on Monday that any nuclear deal made with U.S. President Barack Obama could last only as long as he remains in office, in an unusual intervention into U.S. foreign policy-making. The letter, signed by 46 U.S. senators, says Congress plays a role in ratifying international agreements and points out that Obama will leave office in January 2017, while many in Congress will remain in Washington long after that.

Industry Urges Senate for Vessel Discharge Legislation

On March 13, a diverse coalition of 59 national and regional organizations representing a wide array of business, maritime and labor interests signed on to a letter to Senate Commerce, Science and Transportation Committee leadership, Chairman John Rockefeller (D-WV) and Ranking Member John Thune (R-SD), thanking them for cosponsoring S. 2094, a bill that would establish a uniform national framework for the regulation of ballast water and other vessel discharges…

AWO Praises Vessel Discharge Legislation

Tom Allegretti, AWO President & CEO

The American Waterways Operators, the national trade association representing the tugboat, towboat and barge industry, praised yesterday’s Senate introduction of a bill calling for the enactment of a uniform national standard for the regulation of ballast water and other vessel discharges, legislation widely viewed as essential to ending the existing confusing, costly and ineffective patchwork of state and federal rules.