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Kessler Thinking Outside the Box on Natural Resources

by: The Rufus

Thu Feb 17, 2011 at 00:44:35 AM EST


by The Rufus

Acting Senate President Jeff Kessler is thinking outside the box about West Virginia's natural resources.  Kessler's natural gas proposal would have the State hold back a quarter of the severance tax dollars stemming from the production of Marcellus Shale.  This money would be placed into an interest-bearing special revenue account and could be used for the State's long term liabilities, economic diversification, and improvements to our crumbling infrastructure in the decades to come.  

I think a candidate like Kessler is the State's best hope of bucking the trend of absentee robber barons exploiting the State for our natural resources.  I hope they tax the hell out of this natural gas and increase the severance tax on coal as well.  This is our land and we need to make sure that our resources are extracted in a way that do not destroy our communities; put our workers at risk; and once extracted, benefit our citizens for generations to come.

It is nice to see some fresh ideas in the State.

The Rufus :: Kessler Thinking Outside the Box on Natural Resources
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reasons to slow down NG usage (4.00 / 1)
Something else to consider. NG is hardly green. We might as well keep it in the ground for a while. It could really come in handy for another generation once we clean up the atmosphere:

Without a global carbon price, the expanding shale gas boom would exacerbate climate change and take money away from renewable energy projects, a new report said, calling for a worldwide pause until countries take steps necessary to lower the risks of the new wave of drilling.

The report from the well-respected Tyndall Centre for Climate Change Research at the University of Manchester is one of the the first to try to measure the global warming implications of the shale gas drilling bonanza. The boom has caused a sustained drop in natural gas prices that is expected to continue for the foreseeable future.

The report said that if the world taps 10 to 40 percent of the gas trapped in shale fields around the world, then an additional 3 to 11 parts per million (ppm) of atmospheric carbon dioxide would be released by 2050. Climate science points to the need to stabilize greenhouse gas emissions as soon as possible, and steadily cut them in coming decades.



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WVa Democrats
  • Sen. Jay Rockefeller
  • Sen. Joe Manchin III
  • Joe Manchin for Senate (2010/2012)
  • Rep. Nick Rahall (WV-03)
  • Secretary of State Natalie Tennant
  • Auditor Glen Gainer
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  • Senate President Earl Ray Tomblin, acting as Gov.
  • Declared Candidates
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  • John Perdue
  • Natalie Tennant
  • Earl Ray Tomblin
  • Rick Thompson

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