By Jason Libersky / Founder, Quantigy Methane leakage in the oil and gas sector represents two things: lost revenue and increased financial risk. Oil and gas companies leaking, venting and flaring methane is, in most cases, a very significant operational inefficiency that impacts their bottom line. Methane is natural gas, and the more natural gas [...]
Experts paint a dire portrait of climate change’s public health impacts, but leave a little room for hope. By Peter Dykstra ATLANTA—In a gathering impacted by presidential politics, an all-star cast of public health experts largely stuck to their own bleak script: Climate change is poised to unleash an unprecedented, global public health crisis. Not [...]
Lorraine Chow Hydraulic fracturing, or fracking, has long been tied to environmental risks such as spills. The frequency of spills, however, has long been murky since states do not release standardized data. Estimates from the U.S. Environment Protection Agency (EPA) vary wildly. "The number of spills nationally could range from approximately 100 to 3,700 spills [...]
Op Ed by Thomas Singer The oil and gas industry often reminds us that the New Mexico economy depends on a strong oil and gas industry, and that’s not wrong. New Mexico gets about a third of its state income from oil and gas. But any stockbroker will tell you that an undiversified portfolio comes [...]
by Michael Casaus New Mexico legislators began this year’s session with the daunting task of navigating a projected $67 million state budget deficit — one that will undoubtedly demand additional cuts and budgetary acrobatics. Proposals from Gov. Susana Martinez include requiring public employees to pay for part of the state’s obligations to their own pensions and [...]
by Alleen Brown IN DONALD TRUMP’S first week as president, text describing two rules regulating the oil and gas industry was removed from an Interior Department website. The rules, limiting hydraulic fracturing and natural gas flaring on public lands, are both in the crosshairs of the Trump administration. The changes were noted by the Environmental [...]
by Andrew Oxford Cloudy, brown and rank water flowed from the taps of homes in the northwest corner of New Mexico. Some of those who drank it say they became nauseous. They complained of cramps, headaches and diarrhea. Thousands of people were told to boil their water to guard against illness. Farmington-area residents whose homes [...]
7 things you need to know about Navajo Generating Station’s 2019 closure. by Jonathan Thompson The smokestacks of the Navajo Generation Station rise 775 feet from the sere landscape of the Navajo Nation in northern Arizona, just three miles away from the serpentine, stagnant blue wound in sandstone known as Lake Powell. Red rock cliffs and [...]
In legislation, as in life, it is prudent to consider the source. Always consider the source. Take proposed “transparency” legislation to regulate more fully the solar industry, requiring extensive disclosures of companies in the name of consumer protection. Sounds good, right? Who does not support protecting consumers? Trouble is, when a bill to regulate the [...]
Competitive Resource Procurement for Electric Utilities SB 360 was introduced yesterday. It will be referred to Senate Conservation and Senate Judiciary. I’m more convinced than ever that an open, competitive and transparent process will yield a cleaner, fairer, cheaper energy mix. It starts with a fair process, which New Mexico does not currently have. When [...]