Effort to Reduce Ohio Regulations Stands to Benefit Oil and Gas Industry

From Energy News Network:
A broad proposal in Ohio to slash state regulations by 30 percent across the board could further tilt the playing field against renewable energy by relaxing rules on utilities and fossil fuels. 
Supporters see Senate Bill 1 as a way to create an ideal business environment in the state, while opponents say it would threaten many rules that are essential to protect Ohioans, including environmental rules, regulations for utilities, the state fire code and a host of other requirements. 
Utilities and mining companies are expected to be among the biggest winners if the legislation makes it into law. Among other things, the bill could stymie adoption of new environmental rules requiring fossil fuel operations to control emissions more. At the same time, it could relieve fossil fuel plants of some of their current obligations if those rules get eliminated. 
“This is an arbitrary reduction that does not get at whether rules are accomplishing a useful purpose. Nor does the bill consider the interplay with federal statutes and rules,” said research director Zach Schiller of Policy Matters Ohio in his March 5 testimony against the bill.
Click right here to read the whole article. 

Popular posts from this blog

Fracktivist in Dimock Releases Carefully Edited Video, Refuses to Release the Rest

The Second Largest Oil and Gas Merger - Cabot and Cimarex

Is a Strong Oil Demand Expected This Year?