Democratic Lawmakers and Green Groups, are riled up over an Early-Stage pitch to Drill thousands of Gas Wells in New York's Southern Tier.
A News Conference this morning, will announce Support for a Bill to Ban using Carbon Dioxide to Extract Natural Gas in New York.
“The solution to the climate crisis is to stop emitting greenhouse gasses, not to use one greenhouse gas to help you extract another one from the ground,” State Sen. Liz Krueger (D-28th District), who supports the Bill (S8357/A8866), said. “We don't need this ridiculous idea damaging our land, our water and our people's health and offering more false solutions to the greatest challenge of our time."
The powerful Anti-Fracking Coalition, which got Gov. Andrew Cuomo (D), in 2014 to Ban Hydraulic Fracturing for Natural Gas, has been Revived by a Proposal that’s driven in part by President Biden’s Flagship Clean Energy Subsidies. The Inflation Reduction Act (IRA) included an Increased Tax Credit for Capturing Carbon Dioxide and Locking it up Underground.
"Southern Tier Solutions" is a New Company trying to get Landowners in the Region, sitting atop the massive Natural Gas Deposits in the Marcellus Shale, mainly: Broome, Chemung, Steuben, and Tioga, Counties, to let them Drill Wells on their Properties.
The Company wants to pump Carbon Dioxide into the ground to Release the Methane trapped in the Shale formations. They would use the Gas to Fuel Conventional Combustion Power Plants, Capture the Carbon Emissions from Burning the Methane, and pump the Carbon Dioxide back into the ground, to Extract more Gas and then Store it, earning Federal Tax Credits.
This would provide a source of “carbon-free” Power for New York without Massive Costs, suggested Southern Tier Solutions President Bryce Phillips. He said the Company has had some Discussions with the EPA, but hasn’t Applied for any Permits yet.
“If you find yourself scrambling for a lifeboat at the moment, which is carbon-free power, and one comes by, you might want to think before you tell him just to keep paddling,” Phillips said. “We're just offering a solution or an option. But, you know, ultimately, we're not going to cram it down your throat.”
The Vision includes Royalties flowing to Landowners, who have looked over the Border at their Pennsylvania Neighbors, where High-Volume Hydraulic Fracturing has Proliferated.
Still, Environmentalists are trying to put back together their Legislative Superpowers, to try to Block the Plan as they did with Hhydraulic Fracturing, raising similar concerns about the Risks to Water sources.
The Bill is sponsored by State Sen. Lea Webb (D-52nd District) and Assemblymember Anna Kelles (D-125 District).
NYC Wins When Everyone Can Vote! Michael H. Drucker
No comments:
Post a Comment