La., NC Move On Fracking Regs As State Patchwork Grows

Law360, New York (June 1, 2012, 6:56 PM EDT) -- Lawmakers in North Carolina and Louisiana moved to regulate hydraulic fracturing Thursday, adding new protections for residents and trade-secret assurances for drillers in a pair of bills that add to the growing patchwork of state and federal rules governing the practice.

In North Carolina, where fracking isn't currently allowed, a Senate committee introduced legislation to legalize it within two years, assuming regulations are in place by then. The latest version of the bill holds energy companies responsible if water supplies are tainted and requires drinking water...
To view the full article, register now.