Fracking Moratoriums Likely DOA In NY Senate, Cuomo Says

Law360, New York (March 11, 2013, 4:13 PM EDT) -- A legislative push to block permits for high-volume hydraulic fracturing gas wells until mid-2015 is going nowhere fast, New York Gov. Andrew Cuomo said Monday, predicting bills that would extend state's current, de facto moratorium would die in the state Senate.

The Democratic governor, who has sought in recent months to push forward with a fracking expansion despite fierce opposition from environmentalists, made the comments at a news conference when asked if he would sign a measure like the one that overwhelmingly passed the New York...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.