3/16/2023 0 Comments Stop ny fracked gasArchaic fossil fuels cost more than renewable energy, and ratepayers are suffering the legislature’s failure to transition. And all the while, Con Edison raises rates on Westchester County residents who are paying ever more for all this increased pollution. Every year, another profiteering polluter tries to build or repower a new fracked gas power plant - one of the latest is Greenidge LLC, for example, in the Finger Lakes. While our elected officials dither and delay, New York inexplicably keeps building new fossil fuel infrastructure.Įvery day, more homes, schools and offices are built that require gas hookups - technology that is outdated even before the “for sale” sign goes up. We’ve committed to 100% renewable electricity by 2040 and a net-zero grid by 2050, but at 28% renewable energy today, we have a long way to go. As recently as August, PennEast said it still hoped to finish the first phase of the $1.2 billion pipe in Pennsylvania in 2022.Since the passage of the Climate Leadership and Community Protection Act, in 2019, New York has failed to make significant strides in upholding its own climate law in time to stave off the worst of the climate crisis that we already find ourselves in. PennEast initially hoped to complete the project in 2019. "The legal and regulatory roadblocks that led to the cancellation of the PennEast Pipeline – which would have been built with union labor – are putting energy affordability and reliability at risk in America," the Interstate Natural Gas Association of America said in a statement. One billion cubic feet is enough gas for about five million U.S. The 120-mile (193-km) pipe was designed to deliver 1.1 billion cubic feet per day of gas from the Marcellus shale to customers in Pennsylvania and New Jersey. Supreme Court in June ruled in its favor in a lawsuit allowing the line to seize state-owned or controlled land in New Jersey. PennEast decided to stop development even though the U.S. Other East Coast gas pipes held up by regulators and legal battles include Williams Cos Inc's (WMB.N) Northeast Supply Enhancement from Pennsylvania to New Jersey and New York, and Dominion Energy Inc's (D.N) Atlantic Coast from West Virginia to Virginia and North Carolina. In other markets, gas prices are trading at record levels due to low storage in Europe and insatiable demand in Asia. natural gas prices are at a seven-year high, boosted by overseas demand for U.S. "The Marcellus/Utica was the growth engine of natural gas production for many years and that has slowed considerably the past two years," said Luke Jackson, manager North America natural gas at S&P Global Platts, noting the region was already constrained by a lack of pipelines. The United States exports about 10% of the gas it produces as liquefied natural gas (LNG). production in the past decade turned the country from a gas importer into one of the world's biggest exporters. The Gowanus proposal aims to repower a massive 640 MW fracked gas plant, posing huge risks to the air and water of the local community - and worsening our. "The PennEast partners, following extensive evaluation and discussion, recently determined further development of the project no longer is supported," PennEast said in an email, noting it "has ceased all further development of the project." Stop NY Fracked Gas Pipeline was formed by local residents in 2014 to educate local residents in the Capital District area about the health, safety and environmental dangers of fracking for gas, distributing fracked gas, and building additional gas infrastructure. It was one of the last major pipeline projects in the works set to pull gas from the Marcellus/Utica formation, the biggest U.S. PennEast was canceled, the company said, because it had not yet received all of its required permits, including a water quality certification in New Jersey. With the cancellation of PennEast and other pipelines, the industry is becoming more concerned that additional production from the key Marcellus/Utica shale in Pennsylvania, Ohio and West Virginia will become trapped in the basin. In the United States, natural gas is used for power generation and heating more than any other fuel, according to U.S. Gas prices have surged in Europe and Asia due to rising demand and lack of supply, and that has boosted U.S. The project was one of several started in recent years to draw gas from the fast-growing Appalachian region, only to run into local or environmental opposition to more fossil-fuel infrastructure. CASE grew out of Stop NY Fracked Gas Pipeline (SNYFGP), which was formed in the Spring of 2014 to stop Kinder Morgan&s s Northeast Energy Director Gas Pipeline. Sept 27 (Reuters) - PennEast Pipeline said on Monday it would stop developing a proposed pipeline from Pennsylvania to New Jersey, the latest in a series of natural gas lines to run aground due to legal and regulatory challenges.
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