3 Dems Oppose Sharing Offshore Drilling Revenue in Climate Bill

"Three key Senate Democrats are urging their colleagues to reject a proposal in the emerging climate bill that would give a cut of oil and gas production royalties to states that allow offshore drilling.

Sens. Byron Dorgan of North Dakota, Jeff Bingaman of New Mexico and Jay Rockefeller of West Virginia called "revenue sharing" an ill-advised "giveaway" of money that belongs to all U.S. citizens."

Mike Soraghan reports for Greenwire April 19, 2010.

See Also:

"Obama Wants Senate to Tackle Climate Bill After Wall St. Reforms" (ClimateWire)

"U.S. Unveils Climate Report In Runup To Senate Bill" (Reuters)

"Maine's Republican Senators, Critical to Climate Bill, Approach the Debate Coolly" (ClimateWire)

"Tax Cuts, Renewable Energy Grants Attract Unlikely Allies" (ClimateWire)

"Obama Will Focus On Energy Bill After Bank Reform" (Reuters)

Source: Greenwire, 04/20/2010