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State Green Bank OK’d

Green Bank

ALBANY — Gov. Andrew Cuomo’s $1 billion Green Bank has been given the green light by state regulators. On Dec. 19, the state Public Service Commission approved $165.5 million in seed money for the Green Bank, which will be operated by the New York State Energy Research and Development Authority to provide Wall Street-style financing sources for renewable energy projects ...

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New York natural gas prices soar on frigid weather

cost of heat

By Julia Edwards NEW YORK Tue Dec 31, 2013 1:41pm EST   NEW YORK Dec 31 (Reuters) – Cold weather, which is forecast to remain over much of the northeast United States through the week, sent natural gas prices in New York to their highest level since January as homes and businesses cranked up the heat. Private forecaster MDA said ...

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Pipeline planners say delay is possible

pipeline delays

The completion date for the proposed Constitution Pipeline could be delayed as a result of environmental review timetable issued by federal regulators, a spokeswoman for the project developers acknowledged Friday. Christopher Stockton, spokesman for Houston-based Williams Partners, the lead investor in the nearly $700-million project, said the in-service date for the natural gas transmission system could be delayed past the ...

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Meredith OKs ban on heavy industry

meredith

The town of Meredith has become the second Delaware County town to impose a ban on heavy industry, including drilling for shale gas. The Meredith Town Board, led by Supervisor Keitha Capouya, voted 4-0 in favor of the ban Thursday night. The fifth board member, Paul Menke, was absent from the meeting, which Capouya said was attended by about 25 ...

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Oil rises, natural gas soars

monetary growth

NEW YORK — The price of oil rose 1 percent Thursday as stockpiles declined and new indications that demand is rising in the U.S., the world’s largest crude consumer. The price of natural gas soared nearly 5 percent to close at $4.46 per thousand cubic feet — the highest price since July of 2011 — after the government reported a huge ...

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Group: Pipeline firm is ignoring questions

constitution pipeline map

Planners of the proposed $683 million Constitution Pipeline are avoiding public scrutiny by ducking numerous questions posed by regulators evaluating the project’s environmental impact, a legal clinic representing the project’s foes charged Tuesday. The Pace University Law School Environmental Litigation Clinic, representing Stop the Pipeline, filed a complaint with the Federal Energy Regulatory Commission, listing what it says are numerous ...

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United against fracking?

No fracking way!

By John Bestoloffe | Marcellus.com Across the country there is a trend of communities placing bans on Hydraulic Fracturing or “fracking.”  These bans are spreading like wildfire. However, many of the bans protect individual cities or counties so there is in effect a quilt pattern being created of areas that are available for drilling and areas that are not. Individual ...

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Brine used for highway de-icing is not from hydrofracking, officials say

Snowplow

CONCERNS ABOUT HYDROFRACKING — which does not occur in New York State — are overflowing into worries about the decades-long practice of using production brine from traditional oil and gas wells as a de-icing agent on wintry roads. In information released last week, the Riverkeeper environmental group near the Hudson River contends that the state has approved the use of ...

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Skidmore solar plan given the OK

solar power

GREENFIELD — Skidmore College’s contentious plan to build a giant solar array received the go-ahead from the Town Board Thursday night, despite local opposition that it would mar the mostly rural character of the town’s Denton Road corridor. Town Board members approved the college’s plan for a two-megawatt solar power system on its 120-acre field in a 4-to-1 vote. In ...

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New energy plan set forth by New England governors

new england governors

AUGUSTA, Maine — Gov. Paul LePage on Thursday announced that he and the five other New England governors have committed to a new plan for a cooperative, regional energy infrastructure. The goal of the agreement is “affordable, cleaner and reliable power for homes and businesses across the Northeast.” Among other things, the statements from each governor point to a fledgling ...

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