Energy

4:38pm

Wed December 7, 2011
Energy

Study touting economic benefits of fracking skips over NYS

A new industry-backed study says shale-gas extraction is generating hundreds of thousands of jobs across the country.
Ari Moore via Flickr

An industry-backed study released Tuesday says shale-gas extraction will continue to be a boon for the U.S. economy.

The American Natural Gas Alliance commissioned economic forecasting firm IHS Global Insight to conduct the study. The key findings:

  • By 2015, shale-gas extraction will account for 870,000 U.S. jobs and $118 billion in economic impact.
     

The numbers are big - but IHS Vice President John Larson says they could have been bigger.

"We did not consider any new well production activity for New York State in 2010 forward," said Larson. "You will not see any direct impacts in this study attributable to shale gas for the state of New York."

Read more

11:23am

Wed December 7, 2011
Morning Trail Mix

New tax code in the works for New York

mary_thompson via flickr

Today in your trail mix:

Albany agrees on new income tax code that charges rich more and middle class less.

New shale gas study projects huge economic benefits nationally.

Plus, what do bedbugs and royalty have in common?

Read more
Tags: 

10:38am

Tue December 6, 2011
Morning Trail Mix

Dimock, PA rejects water offer from Binghamton

An offer of clean water from Binghamton (above) is being turned away by the Marcellus Shale town of Dimock, PA.
johnwilliamsphd via Flickr

Today in your trail mix:

Dimock, PA residents say they don't need Binghamton's water.

A green roof in Rochester needs some help.

Plus, a fight over a city effort to ban fracking in Albany.

Read more
Tags: 

12:43pm

Mon December 5, 2011
Energy

Innovation Conversation: Following the Power Lines

We're drilling for gas, planning pipes from Canadian tar sands, and pumping millions of dollars into green energy projects.  

But the energy mix that we'll end up with in New York State is still a work in progress. What do we want to see powering our toasters and laptops in the years to come?

We've posed those questions to a panel of experts, to find out what's being built, how the marketplace might shake out, and what the social and political ramifications are of how we produce and consume power.

Read more

4:38pm

Fri December 2, 2011
Hydrofracking

DEC fracking report may come as soon as spring 2012

New York’s top environmental regulator, Department of Environmental Conservation Commissioner Joe Martens, says his agency will likely finish its review of hydrofracking late next spring.

That means drilling permits for fracking could quickly follow.

That’s a faster timeline than expected. DEC officials had previously been much less specific, saying their report will probably be finished “sometime next year.”

Read more

Pages