Why Mayor Mike Bloomberg Suddenly Loves Fracking
Last week, New York City Michael Bloomberg “came out” as a supporter of natural gas and hydraulic fracturing (see this MDN story). He’s even committed $6 million of his own money to ensure it happens and is done right in New York and other geographies. Now we know why he’s become an overnight fan of fracking.
On Monday, Mayor Mike released the results of a study commissioned by NYC that looks at the role natural gas already plays for New York (very important), and the critical role it will play in a “sustainable energy” future for NYC once a new law goes into effect banning the use of No. 6 and No. 4 heating oil (eliminated in 2015 and 2030 respectively). A full copy of the study authored by ICF International, titled “Assessment of New York City Natural Gas Market Fundamentals and Life Cycle Fuel Emissions,” is embedded below.
Among the eye-popping conclusions in the study: Shale gas produced in the Marcellus and Utica Shale region right now makes up 30% of the gas flowing to NYC. By 2025, that number will be 80%.
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Depending on which news source you read, yesterday’s anti-fracking protest rally and march in Albany, NY drew “hundreds” of protesters, “more than 1,000” or “about 1,200.” Any way you slice it, there were a lot of loud-mouthed people in Albany yesterday, trying to catch the attention of one person: Gov. Andrew Cuomo.
The witch hunt at the University at Buffalo (UB) continues. This time 83 UB faculty members have taken up their pitchforks and torches to aid in the hunt against the university’s new Shale Resources and Society Institute.
It looks like the Town of Rochester, NY (in addition to the City of Rochester) is about to turn down potential jobs and investment in their economically depressed community by spitting in the face of the shale drilling industry. That is, they plan to ban drilling at a town board meeting on August 30.