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Senate Dems' Sequester-Replacement Plan Ends Tar Sands Exemption
2013-02-18 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
The Hill: A Senate Democratic plan to replace a series of automatic spending cuts would require tar sands producers to start paying into a fund for oil spill relief. The Democratic package would end an exemption for the tar sands industry that excludes it from paying an 8-cent-per-barrel fee assessed on domestic and imported petroleum. Lawmakers are working on a package of cuts aimed at replacing $85 billion of government-wide spending reductions, known as sequestration, scheduled for March 1. For more...
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