National Environmental Policy Act Of 1970: P.L. 91-190 (January 1, 1970) made a declaration of national environmental policy and established a continuing responsibility of the federal government to reach a number of substantive goals that embody nationwide improvements in environmental quality. Federal policies, regulations, and laws must be administered in accordance with NEPA. To insure this is accomplished, all federal agencies must consider the environmental consequences of their actions through the preparation of environmental impact statements (EIS). Also, the law creates the Council on Environmental Quality in the Executive Office of the President.

 

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National Environmental Policy Act Of 1970: P.L. 91-190 (January 1, 1970) made a declaration of national environmental policy and established a continuing responsibility of the federal government to reach a number of substantive goals . . . View Full Definition

Environmental Assessment: Under implementing regulations of the National Environmental Policy Act of 1970, a document used by agencies to determine whether the environmental effects are sufficient to require an EIS.

Open Contracts: Contracts that have been bought or sold without completion of the transaction by subsequent sale or purchase, or by making or taking actual delivery of the financial instrument or physical commodity.

One-Off: Those who happen to watch TV shows such as American Chopper get to observe the building of a custom motorcycle from the ground up. Often these bikes are one of a kind and are sometimes refer . . . View Full Definition