The potential payoff from “fracking” by E.J. McMahon | | NY Torch

Ending the moratorium on "hydrofracking" of natural gas in upstate New York would spur over $11.4 billion in economic output, create 15,000 to 18,000 jobs in the Western New York and the Southern Tier regions, and generate $1.4 billion in state and l...

The Economic Opportunities of Shale Energy Development | Reports

Directional drilling and hydraulic fracturing have unlocked vast new reserves of natural gas in the United States. Development of these resources is now well under way in Pennsylvania and West Virginia. Unlike their neighbors to the south, however, New York residents are not directly benefiting from natural gas development as the result of a government-imposed moratorium, itself a response to environmental concerns surrounding hydraulic fracturing.

Budget hikes NY energy costs NY Torch

Governor Paterson's proposed "obesity tax" on sugared soft drinks has already captured most of the media attention among the $4 billion in new taxes and fees in Governor Paterson's budget.  But by far the largest single element in Paterson's revenue...

Brazilian electricity and New York buses NY Torch

What can Brazilian power lines teach New York about introducing private-sector competition to its public-bus system? In 1999, Brazil started to hold auctions open to both public and private sector players interested in improving the nation's transmis...
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