By Andrew Restuccia and Ben Geman - 02/18/11 01:39 AM EST
Kenneth Feinberg, who administers BP’s $20 billion oil spill compensation fund, uses a methodology for distributing money to victims that's based in part on scientific research on when the Gulf coast will recover.
Landrieu, in a letter to Feinberg Thursday, called for a peer review of that research.
“Perhaps the single biggest challenge you face is providing a credible and reliable estimate of how long it will take for the Gulf and its dependent industries to return to normal,” Landrieu said in the letter. “Ecosystem recovery doesn’t necessarily result in simultaneous market recovery, because consumer perceptions and demand may take longer than the marine environment to rebound."
Hollywood comes to Washington to blast ‘fracking’
Actor Mark Ruffalo and Oscar-nominated director Josh Fox called on lawmakers to regulate a natural gas drilling process called hydraulic fracturing, or “fracking,” raising concerns about effects on drinking water and the environment.
Fox, whose film “Gasland” is up for an Academy Award, and Ruffalo were joined by Reps. Maurice Hinchey (D-N.Y.), Jared Polis (D-Colo.), and Rush Holt (D-N.J.), who are reintroducing a bill to impose stricter standards on the practice.
House Republican calls CR cuts viable in Senate
A conservative House Republican believes the conventional wisdom that the big House CR spending cuts and policy riders will collapse in the Senate is wrong.
Rep. Steve Pearce (R-N.M.) believes the public wants steep cuts, and that the Senate will take notice – especially members facing reelection.
“The Senate is going to listen closely to what they [the public] are saying right now,” Pearce told E2 in the Capitol. “Americans are furious over the amount of money we are spending, and they appreciate what we are doing, but I think they think the cuts are trivial compared to the deficits,” Pearce added.
IN CASE YOU MISSED IT…
On this balmy Thursday, E2 told you about an International Energy Agency report that says China’s state-owned oil companies “have a high degree of independence;” we reported that the House slashed a key greenhouse gas program by $8.4 million; and we outlined the latest League of Conservation Voters environmental rankings for lawmakers.
Then we reported that the major oil companies are ready to launch their oil spill containment system; we also reported on a new oil spill commission report that said BP was aware of problems with its contractors; and we told you about an effort by a key House Republican to target DOE’s stimulus spending.
We also reported on a federal judge’s ruling the Interior Department has 30 days to decide whether to issue five deepwater drilling permits and we told you that Republicans approved an amendment to block funding for Obama’s policy 'czars.'
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