December 18, 2024 — U.S. Rep. Jared Huffman (D-California) has introduced new legislation to redirect revenue from offshore energy projects to the priority needs of Tribes and coastal communities, such as fisheries research.
Huffman’s Resilience, Equity, and Sustainability Through Offshore Renewable Energy (RESTORE) Act would establish a new revenue-sharing mechanism for offshore renewable energy development, reinvesting the money tthe government earns from its lease into habitat conservation, climate resilience, and economic development.
Read the full story at SeafoodSource