“Both the upstream and downstream segments of the energy industry will be impacted,” said Steve Leifer, chair of the firm’s Environmental department. “The energy industry is mobilizing to meet national energy needs by accessing harder to reach reserves and utilizing an expanding geographic footprint. Environmental managers will need to address a wider array of regulatory requirements at the federal, state and local level. We may also continue to see increased scrutiny of the oil and gas industry in the wake of events in the Gulf of Mexico.”
Aileen Hooks, Deputy Chair of the firm’s Environmental department, noted that the higher number of enforcement suits brought by environmental advocacy groups can be attributed to a number of factors including their increased access to compliance information, enhanced coordination among these groups and the fact that litigation barriers have been reduced.
Scott Janoe and Matt Kuryla, partners in the firm’s Houston office, anticipate that greenhouse gas regulations will be a particular focus for the energy industry in 2011, as the mandatory reporting rule kicks in and the EPA moves to include greenhouse gas requirements in permits issued under the Clean Air Act. For the latest updates PRESS CTR + D or visit Stock Market news Today
No comments:
Post a Comment