Great News Sarah! Can't help but feel like the timing during the crises in Japan is a bit much for a coincedence. I'll keep my fingers crossed about Blue...
EarthworksLast Updated on 2012-05-21 10:19:41New report shows New Mexico fails to enforce its oil and gas drilling rules
NM OCD enforcement is sparse, arbitrary, toothless and opaque
Santa Fe, NM, May 17th – Today Earthworks’ Oil & Gas Accountability Project released a new report, NM OCD: Inadequate enforcement guarantees irresponsible oil and gas development. Part of a national assessment of state oil and gas regulatory enforcement, highlights of the New Mexico-specific findings include:
More than 60% of active oil & gas wells go uninspected each year.
Where violations are found, individual inspectors have complete discretion as to whether and how violations are recorded -- in essence, each inspector is their own lawmaker.
Few violators are penalized, and when they are, penalites are too low to deter future violations
Public is prohibited access to data that would reveal how responsibly industry is... More »
Sen. Mark UdallLast Updated on 2012-05-17 00:00:00
Dear Fellow Coloradan,
Water is our most precious natural resource in the West. It is also in limited supply. Therefore, it is often subject to conflict. (Whiskey is for drinking, water is for fighting, or so goes the old saying.) But thanks to the hard work of generations of Coloradans, we have been able to reap the benefits of our streams and rivers. That is something worth celebrating.
That's why this week I introduced a resolution, along with Senator Bennet, honoring 2012 as the Year of Water in Colorado. The resolution builds on Colorado Water 2012, a statewide celebration designed to engage all Coloradans in a conversation about the past, present and future of our water. My resolution recognizes the importance of water in Colorado and many of the organizations that have innovated and cooperated over the past century to develop, protect and conserve this scarce... More »
Utah Nuclear Project Signs $30-Million Private Equity Agreement Last Updated on 2010-07-22 03:18:08July 20, 2010
A Salt Lake City nuclear power developer has signed an agreement with a New
York investment firm for $30 million in private equity funding, to be used
toward the development of a 3,000-MW nuclear power project at Green River,
Under terms of the agreement Blue Castle Holdings signed with Lead Dog
Capital L.P. at the end of June, Lead Dog has committed to provide up to $30
million in new capital in exchange for newly issued Blue Castle common
stock, according to a June 29 announcement issued by the company.
The financing will occur in multiple tranches over three years, and the
schedule for stock purchases will be established at the sole discretion of
Blue Castle, according to the company.
The agreement gives Blue Castle flexibility by allowing it to choose when it
will raise and deploy... More »
Interior Issues $5.2 M Civil Penalty to BP America for False Reporting on Tribal LandsLast Updated on 2010-07-22 02:56:5806/30/2010
Contact: Patrick Etchart (303) 231-3162 begin_of_the_skype_highlighting (303) 231-3162 end_of_the_skype_highlighting
DENVER - The Department of the Interior's Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM) announced today that BP America Inc. has been assessed a civil penalty of $5.2 million for submitting "false, inaccurate, or misleading" reports for energy production that occurred on Southern Ute Indian Tribal lands in southwestern Colorado. The civil penalty announced today is not related to the BP oil spill in the Gulf of Mexico. "It is simply unacceptable for companies to repeatedly misreport production, particularly when it interferes with the auditing process," said BOEM Director Michael R. Bromwich. "We are committed to... More »
Native Americans fear mining will disturb sacred landLast Updated on 2010-07-21 10:17:2516 July 2010Last updated at 07:30 ET
By Daniel NasawBBC News, New Mexico
Plans to revive a once-thriving uranium mining industry are coming into conflict with Native Americans who fear damage to sacred Mount Taylor
Thousands of feet under a hot patch of sand and brush is buried a deposit of uranium so rich it could revive a hardscrabble New Mexico town pocked with vacant lots and shuttered buildings.
The mining industry and those residents of the area who are eager for an influx of jobs see the plateau around Mount Taylor near the town of Grants in the northwest corner of New Mexico as an irresistible opportunity for economic gain.
"It's what we need, it's what's going to fuel the future," said Star Gonzales, director of the Grants chamber of commerce. "They will be good paying jobs."
But to local Native Americans whose ancestors lived in the area centuries before... More »
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