Before the Department of Commerce: Coastal Energy Impact Program Qualifications for State and Local Governments

by Thomas M. Lenard on November 22, 1976
by Thomas M. Lenard

The Council on Wage and Price Stability (Council) hereby submits its comments on regulations proposed by the National Oceanic and Atmospheric Administration (NOAA) pursuant to the Coastal Zone Management Act of 1972 (Act). The regulations would establish procedures by which coastal State and local governments can qualify for coastal energy impact assistance and were proposed at 41 FR 46724. Financial assistance under the program is provided in the form of loans, bond guarantees, and grants to help coastal States and local communities affected by new or increased energy activity. Under the Act, energy activity includes (1) outer continental shelf (OCS) energy activity; (2) any transportation, conversion, treatment, or storage of 1iquified natural gas; and (3) any transportation, transfer, or storage of coal, oil, or natural gas. These activities must be coastal-dependent; that is, there must be technical reasons for locating near the coast.

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