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New York fracking ban is bad news shale gas producers

2014-12-21 02:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Rediff: A ban on fracking by the New York state is a small setback for India's largest private firm, Reliance Industries, which has invested $7 billion in US shale gas. On Thursday, the New York state banned fracking for health reasons. It said fracking, with horizontal drilling and chemical-laced water, could increase the risk of cancer, skin rashes, and upper respiratory tract problems. If the rest of the states in the US follow, it could put billions of dollars of investment at risk. Analysts...

Tags: news york bad gas

 

Fracking ban reflects power of committed citizens

2014-12-20 17:54:00| Climate Ark Climate Change & Global Warming Newsfeed

Poughkeepsie Journal: Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, its the only thing that ever has. Margaret Mead New Yorkers were treated to a front-row seat of Meads words in actions last week when, after years of fighting, fracking was banned here. And while the anti-fracking movement had grown large and loud, it began with a few individuals and groups who managed to forestall a headlong rush into an action that could have had irreversible consequences for...

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Behind New York's fracking ban

2014-12-20 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

US News and World Report: New York is set to become the second state in the nation to ban fracking. Hundreds of studies have linked the controversial oil and gas extraction process and the chemicals leaked from fracking sites to air and water contamination, as well as a host of health issues, from headaches and nosebleeds to asthma, neurological disorders and potential cancers. Energy companies and trade groups have vigorously criticized many of the studies. Yet Gov. Andrew Cuomo, in deciding to formalize the Empire...

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FPL gets approval to charge customers for fracking exploration

2014-12-19 05:22:01| Chemicals - Topix.net

State regulators approved a proposal Thursday to allow the state's largest utility to charge its customers for natural gas exploration, an idea Duke Energy also wants to pursue. Florida Power & Light won approval for natural gas drilling projects in southeastern Oklahoma with the ability to recover its investment under the fuel portion of its customers' bills.

Tags: charge customers approval exploration

 

No Fracking In New York? That's OK With Pennsylvania

2014-12-18 23:43:00| Climate Ark Climate Change & Global Warming Newsfeed

National Public Radio: Pennsylvania's fracking boom has led to record-breaking natural gas production, but its neighbor, New York, announced Wednesday it was banning the practice. Industry and environmental groups say New York's decision could be good for Pennsylvania. New York's ban comes six years after the state placed a temporary moratorium on fracking to study the gas drilling technique. Now, officials question fracking's economic benefits and cite environmental risks. "There are many red flags because scientific...

Tags: with york ok pennsylvania

 

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