Governor Andrew Cuomo has set out an ambitious agenda for energy in New York state and he needs to.
Extreme weather events such as Superstorm Sandy have exposed the fragility of the state’s aging energy grid, new EPA regulations on greenhouse gases are driving fast-track conversions of former coal-fired plants, over 40 percent of New York’s power stations are more than four decades old and the Governor is caught in a major political vice over fracking.
Cuomo’s 2013-14 budget proposal also outlines some major investments in the renewable energy sector.
The Innovation Trail will focus its reporting on the state's energy planning and investment in the week of March 18-22. All the reports will be posted here.
Analysis from the the U.S. Energy Information Administration concludes that natural gas was the only energy commodity to see a significant price change last year, when compared to electricity, coal and crude oil prices which fell over the same period.
After Josh Fox's 2010 documentary, Gasland, was nominated for an Oscar and galvanized an environmental movement to ban fracking, an Irish filmmaker named Phelim McAleer has now come out with a rebuttal.
About 200 people turned out for a screening of McAleer's pro-gas documentary FrackNation in Albany last night, and the filmmaker was on hand to take questions from the audience.
But the evening took a bizarre turn when McAleer started talking about gay rights and equated buying foreign energy to supporting "a country that hangs gay people."
"When was the last time someone was hung in Pennsylvania for being gay?" McAleer asked the crowd.
"I don't think we're here to talk about gays," said a woman in the audience.
"Look, give your money to Saudi Arabia," replied McAleer, "Hang the gays tomorrow. That should be the slogan."
natural gas production in the Marcellus Shale will outpace production in the rest of the U.S. because of its proximity to Northeastern markets.
pipelines carrying natural gas from the West and Canada to cities in the Northeast will eventually be replaced by pipelines carrying gas in the opposite direction.
in about a year, when natural gas prices have risen to around $3.50, producers will return to the Marcellus first. The rate of return for "wet" gas produced in the Marcellus will be almost three-times higher than its closest competitor.