The EITI and the ESTT Act

As earlier reported US Senators have introduced a bill titled The Energy Security Through Transparency (ESTT) Act. The EITI International Secretariat has issued the following statement about the bill:

US Senator Richard Lugar and several other senators have recently introduced the Energy Security Through Transparency Act of 2009. Stakeholders have expressed an interest in the EITI's perspective on the proposed bill. The EITI is a multi-stakeholder initiative comprising of governments, extractive companies, investors and civil society organisations. It strives to take decisions by consensus. The EITI takes no position on the ESTT Act, as the EITI Board has not discussed the bill and the expectation is that the Board would not be able to come to a consensus position. Thus, the EITI has no further comments about the ESTT Act.