{"id":2180487,"date":"2024-02-20T08:09:02","date_gmt":"2024-02-20T13:09:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bill-would-stop-new-oil-gas-permits-in-colorado-by-2030\/"},"modified":"2024-02-20T08:59:01","modified_gmt":"2024-02-20T13:59:01","slug":"bill-would-stop-new-oil-gas-permits-in-colorado-by-2030","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bill-would-stop-new-oil-gas-permits-in-colorado-by-2030\/","title":{"rendered":"Bill aims to halt issuance of new oil and gas permits in Colorado by 2030"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbill-would-stop-new-oil-gas-permits-in-colorado-by-2030%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2180487&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Democratic\u200d Legislators Introduce Bill to Halt Oil and Gas Development in Colorado by 2030<\/h2>\n<p>A group of Democratic legislators has recently put \u2062forward a bill that aims\u2064 to put an end to new permits for \u200coil and gas development in Colorado by 2030. Senate Bill 24-159, if passed, would require the Colorado Energy &#038; Carbon Management Commission to establish rules that \u2064would cease the issuance of new permits for oil and gas wells \u200dby January 1, 2030. Additionally, the legislation proposes\u200c reductions in\u200c the total \u200cnumber of\u2064 permits for new wells in \u200c2028 and 2029. It also mandates\u2062 that\u200c any new permits issued after 2024 must cease operations by 2032.<\/p>\n<h3>Addressing Climate Change and Public Health\u200d Concerns<\/h3>\n<blockquote><p>&#8220;Climate pollution from oil and gas wells in Colorado exacerbates\u2064 climate change, which has been declared the greatest \u2064global\u2062 threat to public health by two hundred medical journals, and has \u200dadverse impacts on Coloradans\u2019 health and well-being,&#8221;<\/p><\/blockquote>\n<p>The bill, introduced in the Senate, emphasizes the detrimental effects of climate pollution caused by\u200d oil and\u200b gas wells in Colorado. It \u200bhighlights the urgent need to address climate \u200dchange, which has \u200cbeen recognized as the most significant global threat to public health by numerous medical \u200djournals. The \u2062legislation aims to safeguard \u200cthe health and well-being of Coloradans.<\/p>\n<h3>Transitioning to Clean Energy<\/h3>\n<blockquote><p>&#8220;I think most Coloradans agree with us that we can\u2019t keep drilling forever,&#8221;<\/p><\/blockquote>\n<p>Senator Sonya Jaquez Lewis, the sponsor of the bill, asserts that the majority of Coloradans understand the necessity \u2064of transitioning away from \u2062fossil fuels. She emphasizes that oil and gas are finite energy sources \u200band\u2063 that \u2062the demand for fossil \u200bfuels is declining\u2063 in Colorado as the state embraces cleaner energy alternatives.<\/p>\n<p>&#8220;There are going to be thousands of wells producing well after 2050. No one \u200dat all \u200cis trying \u2064to halt oil and gas\u2062 production,&#8221; she added.<\/p>\n<h3>Industry Concerns and Economic Impact<\/h3>\n<p>Kait Schwartz, director \u200cof the American Petroleum Institute Colorado, expressed concerns about the potential consequences of \u2062the legislation on \u200cemployment and the economy. She argues \u200cthat the oil and natural gas industry has <a title=\"Roger Goodell Calls Lack Of Diversity In Head Coaching Ranks \u2018Unacceptable\u2019\" href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/roger-goodell-calls-lack-of-diversity-in-head-coaching-ranks-unacceptable\/\">made significant efforts<\/a> to meet the state&#8217;s climate targets. Schwartz believes \u2062that the bill\u200c disregards private property rights and \u2062overlooks \u2064the economic contributions\u200b and livelihoods\u200d of thousands \u2064of workers in\u2063 the industry.<\/p>\n<p>According\u200d to the American Petroleum Institute, Colorado&#8217;s\u200b oil and gas\u2062 industry accounts for $34.1 billion\u200b in \u2063labor income, contributing\u200c 12% to the state&#8217;s total employment revenue.<\/p>\n<h3>Colorado&#8217;s Oil and Gas Industry<\/h3>\n<p>The oil and natural gas \u2062production in Colorado reached approximately $18 billion in 2021, marking an 85% increase compared to the previous year. The state&#8217;s oil and natural gas production constituted around 88% of the total mineral and energy production value in Colorado.<\/p>\n<p>Colorado ranks as the eighth-largest producer of natural gas in the United States, with its reserves making up\u2064 about 4% of the national total. The state also possesses the \u2062eighth-largest proven oil reserves and the ninth-largest \u200bproven natural gas reserves in the \u2063country.<\/p>\n<p>Colorado&#8217;s crude oil industry is the \u200dfifth largest in \u2062the nation, \u2064contributing\u2063 around\u200c 4% of \u200bthe total\u2063 U.S. output. The\u2062 use of hydraulic fracturing has led to a significant increase in crude oil \u200dproduction in the state, which peaked in November 2019 but experienced a decline due to the pandemic. However, production has rebounded in 2022 with a 3% increase.<\/p>\n<p>The bill, SB24-159, has been assigned to the\u200d Senate Agriculture &#038; Natural Resources \u200cCommittee, but a hearing date has not yet been scheduled.<\/p>\n<p>\u00a0<\/p>\n<h2>How does the\u2064 proposed bill on\u2064 clean energy align with the goal of\u200d creating sustainable jobs and promoting economic growth in Colorado?<\/h2>\n<p>The proposed bill aligns with the growing consensus that a transition to clean energy\u2062 is necessary\u2064 to <a title=\"What if Anti-Natalist Propaganda Succeeds Too Much\" href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/what-happens-when-anti-natalist-propaganda-works-too-well\/\">combat \u2062climate \u200bchange<\/a>. The legislation recognizes \u200cthat oil and gas are finite resources, and research shows that the demand for fossil fuels \u2062is declining in Colorado. By \u2064promoting the development and use of <a title=\"Bloomberg's 0M campaign aims to shut down coal plants and halt new gas plants.\" href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bloomberg-launches-500-million-war-to-close-all-coal-plants-and-block-new-gas-plants\/\">cleaner \u200cenergy \u200csources<\/a>, such as wind \u2063and solar power,\u200d the state can reduce \u2063its reliance on oil and gas while also mitigating the adverse impacts of\u2062 climate change.<\/p>\n<h3>Impact \u2062on\u200c the Economy\u200b and Job Creation<\/h3>\n<blockquote><p>&#8220;By focusing on \u200ddeveloping renewable\u200b energy \u2064sources,\u2064 we can create new, sustainable jobs for our \u2062communities and\u200d promote economic growth,&#8221;<\/p><\/blockquote>\n<p>In addition to addressing\u200b climate\u200d change and public health concerns,\u2063 the bill also presents an opportunity for economic growth and job creation. Colorado has immense potential for renewable energy development,\u200c and by shifting the\u2063 focus towards\u200c <a title=\"Biden's administration auctions oil and gas leases in Wyoming, upsetting environmentalists\" href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-administration-holds-oil-and-gas-lease-auctions-in-wyoming-angering-environmentalists\/\">clean\u2062 energy sources<\/a>,\u2063 the state can tap\u2064 into this\u2063 potential and create sustainable jobs for\u200c its communities. This\u2064 transition\u200b can not only lead to \u2062a more resilient and diverse economy but also position Colorado as \u200ca leader in the clean energy industry.<\/p>\n<h3>Collaboration \u2064and Stakeholder Engagement<\/h3>\n<blockquote><p>&#8220;We understand that\u200c this transition will \u200drequire collaboration and engagement with various \u200dstakeholders, including impacted communities\u200b and workers \u2062in the oil and gas industry,&#8221;<\/p><\/blockquote>\n<p>The legislators behind the bill recognize the importance of collaboration and engagement with various\u2063 stakeholders, particularly communities and workers affected by the transition away from oil and gas.\u2063 The legislation acknowledges that a just and equitable transition is\u2063 crucial and ensures that \u2064affected individuals and communities are part of the conversation. By involving all relevant stakeholders, the bill aims to develop inclusive and comprehensive policies that address the \u2062concerns of all \u2064involved \u200bparties.<\/p>\n<h3>Challenges and\u200c Opposition<\/h3>\n<p>While the bill \u200bproposes a commendable\u200b step\u2062 towards a greener and more sustainable future, it is \u200cnot without challenges and opposition. Critics argue that the \u2063proposed measures could have negative\u200d impacts on the\u2063 state&#8217;s economy,\u2064 including job losses in the\u200c oil \u200cand gas industry. \u200cSome argue that a transition away from oil and\u200b gas should be more gradual to\u2063 allow for a smoother \u2062and more\u200d economically viable shift. Balancing the\u200b need for environmental conservation and economic stability will\u2064 be a key challenge that legislators and stakeholders\u2063 will \u200cneed to address.<\/p>\n<h3>The Road Ahead<\/h3>\n<p>The introduction of Senate Bill 24-159 reflects the \u2063growing recognition of the urgent need to address climate\u200d change and transition to <a title=\"Idaho Congressman Looks To Spend Billion To Remove Dams To Save Salmon Population\" href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/idaho-congressman-looks-to-spend-33-billion-to-remove-dams-to-save-salmon-population\/\">clean energy sources<\/a>. \u2064If \u200dpassed, the \u200bbill\u200d would position Colorado as \u200ca leader in environmental conservation and set\u200b an ambitious goal \u200bfor halting oil and gas development by 2030. However, the road ahead will require extensive collaboration, engagement,\u200d and\u2063 strategic planning to ensure \u200ca just \u2064and equitable transition. By addressing concerns\u2063 and involving\u200c all stakeholders, the state has an opportunity \u200cto shape a sustainable and prosperous future for its residents while safeguarding the environment and\u200c public health.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A bill introduced by Democratic legislators aims to halt new oil and gas permits in Colorado by 2030. Senate Bill 24-159 mandates the Colorado Energy &amp; Carbon Management Commission to establish rules that would cease the issuance of such permits by Jan. 1, 2030<\/p>\n","protected":false},"author":2897,"featured_media":2180488,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/01\/oil-010620.jpg","fifu_image_alt":"Bill aims to halt issuance of new oil and gas permits in Colorado by 2030","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2180487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/01\/oil-010620.jpg","fifu_image_alt":"Bill aims to halt issuance of new oil and gas permits in Colorado by 2030","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2180487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2897"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2180487"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2180487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2180488"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2180487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2180487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2180487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}