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*UPDATE* New York Confirms Safety and Economic Benefits of Hydraulic Fracturing

Friday, July 8th, 2011 | 0 Comments | Tagged in: , , , , , ,

“We’ve deliberated, we’ve considered the comments, we have looked at what’s gone on in other states…And at the end of this stage of the deliberations, we’ve concluded that high-volume hydrofracking can be undertaken safely, along with strong and aggressive regulations.”  – New York DEC Commissioner, Joe Martens

The New York Department of Environmental Conservation (NYDEC) recently released a preliminary Draft Supplemental Generic Environmental Impact Statement (dSGEIS) regarding the future development of the vast shale gas resources in the state, which includes portions of the massive Marcellus Shale formation. NYDEC confirms that shale gas production, including the use of hydraulic fracturing, can strengthen the economy while protecting drinking water supplies and local habitats.

But you already knew all of that. So let’s get to the meat, shall we? Below are key excerpts pulled directly from the report.

Strengthening the Economy

Protecting the Environment and Minimizing Impacts

Protecting Water Supplies and Using Resources Responsibly

Click the image below to see the projected water demands for production in New York

Fresh Water Use in New York (millions of gallons)

(Chapter 6, p. 6-15)

Minimizing Emissions and Protecting Air Quality

Protecting Against Methane Leaks

Protecting Workers and the General Public

Continually Improving Efficiency

The Truth about Earthquakes and Seismic Activity

UPDATE (7/11/11, 11:24am EDT) The folks across the pond at No Hot Air have also put together a great summation of the New York assessment, specifically focusing on the issue of water use. Here’s a good excerpt, though you should definitely read the whole thing:

So we can say that the impact of shale on water resources will be minimal. That is being polite. It is actually peanuts. Entirely inconsequential. One quarter of one per cent of total water use.Those concerned about depletion of water have far greater enemies than shale.

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