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Colo. GOP lawmakers to sponsor oil shale bills (what we need are some tax incentives!)

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OKIsItJustMe Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-05-09 12:39 PM
Original message
Colo. GOP lawmakers to sponsor oil shale bills (what we need are some tax incentives!)
Edited on Mon Jan-05-09 12:42 PM by OKIsItJustMe
http://www.gjsentinel.com/hp/content/gen/ap/CO_Oil_Shale_Lawmakers.html

Colo. GOP lawmakers to sponsor oil shale bills

GRAND JUNCTION, Colo. — No commercial oil shale development is expected in Colorado for several years, but some Republican legislators want to start laying the groundwork to manage the resource that some estimates put at more than 1 trillion barrels of oil.

Sen.-elect Al White, R-Hayden, said he plans to propose a bill in the legislative session that starts Wednesday to create a task force to craft rules for oil shale production.

Rep. Kevin Lundberg, R-Berthoud, plans a bill to provide incentives for oil shale production by cutting the state's severance tax on the fuel.



Glenn Vawter, executive director of the National Oil Shale Association, said it is good to see lawmakers gearing up for the future.

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populistdriven Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-05-09 12:46 PM
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1. Oil Shale is a much higher CO2 source than coal - there is too much energy needed for extraction.
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OKIsItJustMe Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-05-09 12:59 PM
Response to Reply #1
2. Sorry, forgot the (obligatory) "Sarcasm" tag
:sarcasm:
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populistdriven Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-05-09 05:24 PM
Response to Reply #2
3. lol! I love this place.
I can't understand how so many flame wars pop up when we have so much to agree on.
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