Tag Archives: energy industry

Dodd-Frank Act Predicted to Negatively Affect Oil & Natural Gas Industry

Section 1504 of the Act orders the Securities and Exchange Commission (SEC) to develop new mandates for ‘Resource Extraction Issuers’ to disclose all details of any payments made to the United States government, as well as any foreign government, in a commercial oil, natural gas, or mineral business transaction.

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Progressive Conservatives Want Municipalities to Hold Veto Power over Energy Projects

As it stands now, the Green Energy Act permits the province’s power authorities to simply stop any new energy projects launched by politicians in their tracks. Hudak stated that this practice is an abuse of the country’s democratic process, and that it is clearly demonstrated by the spreading of wind farms in the province’s rural regions, a move that was fervently contested by most of the local farmland owners to absolutely no avail.

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