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New York Legislators Pass Bill Imposing Moratorium on Permits For Hydraulic Fracturing
On November 29, 2010, the New York State Assembly passed a bill imposing a state-wide moratorium on new authorizations for hydraulic fracturing. An identical bill was passed in the New York State Senate in August. The bill, which has been sent to Governor Paterson for signing, suspends until May 15, 2011 the issuance of new…
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Banks Seek Distance from Mountaintop Removal Mining Practices
According to an article published last week in the New York Times, major banks conducting business in the United States appear to be increasingly wary of financing mountaintop removal mining. This practice, a form of surface mining, involves the use of explosives to remove the tops of mountains to expose coal seams beneath. While viewed…
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EPA to Study Impacts of Hydraulic Fracturing on Drinking Water; Seeks Public Input
This July and August, the U.S. Environmental Protection Agency (“EPA”) is holding a series of public meetings seeking input on the design for an upcoming study to assess the effect of hydraulic fracturing on public drinking water supplies. Hydraulic fracturing uses high-pressured water, combined with chemicals, to release natural gas present underground in shale formations.…