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April 16, 2012

Today's Eventstodaysevents 

   

The House and Senate return from the April recess today. 

 

Today, the Senate is expected to consider tax legislation. The House is expected to consider several legislative items under suspension of the rules.


MediaMedia 

 

The Week at a Glance: April 16-20, 2012. The Senate will resume consideration of the "Buffet Rule," which would set a minimum effective tax rate for high-income earners. The chamber votes Monday afternoon on cloture on the provision. The House will consider another extension of surface transportation programs. Subcommittees in both the House and Senate are expected to consider 2013 spending bills. Congressional Quarterly

 

Rush to Establish Arctic Economy Risky for Ecosystems, Warns Report. Rushing too fast into exploration of the Arctic could lead to ruined ecosystems, warns insurer Lloyd's of London. Their latest report, produced by UK think tank Chatham House, makes them the first major business organization to join the environmentalists in warning about the huge potential for environmental damage from drilling for oil in the Arctic. They estimate that during the next decade $100 billion could be invested in the region - with oil and gas, mining and shipping expected to be the biggest drivers. RTCC 

  

Link to Lloyd's of London report: Arctic Opening: Opportunity and Risk in the High North  

 

Oil Drilling in AlaskaInterior, Coast Guard Forge Agreement on Oil Spill Planning and Response. The Interior Department and U.S. Coast Guard have inked a formal agreement that lays out their roles and collaboration in offshore oil spill preparation and response, a step that comes ahead of the two-year anniversary of the BP disaster. The "memorandum of agreement" signed April 3 between Interior's Bureau of Safety and Environmental Enforcement and the Coast Guard addresses inspections, training, response to accidents and other matters. The agencies share jurisdiction in regulating offshore oil-and-gas activities, but the 2010 Gulf of Mexico oil spill laid bare the need for better federal and industry accident preparation. The Hill 

 

Charlie Johnson, Alaskan Arctic Leader, Has Passed Away. Charlie Johnson of Nome, an I