A research paper touted as peer-reviewed science – and used to justify New York’s ban on shale gas development – was actually peer-reviewed by active opponents of shale gas development who concealed their bias from the scientific community and the general public. This violates at least four different codes of conduct for scientific research and… Keep reading →
Japanese utility Tohoku Electric announced an initial agreement to purchase 300,000 tons of LNG at Henry Hub-linked prices annually for 16 years starting in 2022 from the proposed Cameron LNG project. A Mitsubishi trading division with equity in the plant would supply the fuel if an FID is reached. [Reuters] New York Governor Andrew Cuomo… Keep reading →
New York Governor Cuomo yesterday announced awards totaling $4.3 million to 17 businesses that are helping reduce greenhouse gas emissions from transportation while increasing energy efficiency. “Transportation is responsible for three-fourths of the State’s fossil fuel use and 40 percent of greenhouse gas emissions. Since 1996, NYSERDA has provided $93 million to 246 businesses performing… Keep reading →
With a $210M initial funding approval, NY Green Bank is poised to begin operations in early 2014. On December 19, 2013, New York State Governor Andrew M. Cuomo announced $210M initial capitalization for the $1B New York Green Bank, a market-based clean energy funding initiative launched in September. The funding includes $165M Public Service Commission… Keep reading →
Although debunked for having nothing to do with natural gas development or hydraulic fracturing, anyone familiar with the internet has likely seen the now-famous clip of someone lighting tap water on fire in the activist documentary Gasland. In an effort to obtain baseline drinking water data in New York’s portion of the Marcellus Shale… Keep reading →
The oil production targets agreed to in Iraq’s service contracts with international oil companies in 2009 were unrealistic from the start for technical and political reasons, and it now appears output thresholds at several of the country’s largest fields will be scaled back. [Wall Street Journal] A small bankrupt energy company is seeking to force… Keep reading →
The NY State Assembly voted to enact legislation that would extend the moratorium on high volume hydraulic fracturing until 2015, aiming to facilitate additional health and environmental impact assessments.
On March 6, 2013, the New York State Assembly passed a bill to further suspend issuance of permits for high volume hydraulic fracturing until May 15, 2015. The bill passed with a vote of 95-40 and marks the Assembly’s third moratorium, following similar measures in 2010 and 2011. The industry currently awaits the release of DEC’s Supplemental Generic Environmental Impact Statement (SGEIS) and a subsequent ruling for permit issuance. Keep reading →
