Changes will ensure joint management of offshore wind resources, recognize exclusive jurisdiction of waters lying between the jaws of the land and certain coastal waters and modernize provisions relating to the offshore oil industry.
Government is moving forward with mirror legislation to the Government of Canada’s Canada-Newfoundland and Labrador Atlantic Accord Implementation Act, or Bill C-49, in order to allow for future offshore wind development. Industry Minister Andrew Parsons says these amendments will ensure necessary measures are in place for renewable offshore energy opportunities. It will allow for a fiscal regime that provides the maximum economic returns. The offshore area for offshore renewable energy will be defined to exclude areas within provincial jurisdiction.
Parsons says changes will ensure joint management of offshore wind resources, recognize exclusive jurisdiction of waters lying between the jaws of the land and certain coastal waters and modernize provisions relating to the offshore oil industry. He says government is committed to supporting offshore renewable energy projects that contribute towards the goal of net-zero emissions by 2050.
76-year-old man is dead after a motor vehicle collision on the TCH near Hillview on Saturday
Federal Conservative leader talks about soaring housing prices and lower building permits across the country
Corner Brook's "Jigs and Wheels" festival is going back to Broadway this year
Premier issues statement on the passing of former Senator Ethel Cochrane, first woman appointed from NL
Lots of job opportunities with the City of Corner Brook
