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Blog posts : "ethane cracker"

Energy Update, March 23, 2012

March 23, 2012

In the States

NC – Governor Bev Perdue has said that she believes hydraulic fracturing can be done safely in North Carolina if it is properly regulated, following an unannounced trip to Pennsylvania to examine the process.  The State’s Department of Environment and Natural Resources came to a similar conclusion shortly after the Governor’s announcement, when the Department released a study conducted with the Department of Commerce that was mandated by the legislature last year.  The study notes that there are likely unknown consequences of hydraulic fracturing and horizontal drilling, requiring effective regulatory oversight of the process.  Governor Perdue highlighted the potential economic benefits of energy resource development, saying that it is “something that can help America and North Carolina be globally competitive," but that much of that potential depends on “whether the folks who live in this community are willing to move forward.”  Perdue says “fracking” can be done safely in NCNews & Record and DENR: With safeguards, fracking is OK in North CarolinaCharlotte Observer

PA – Royal Dutch Shell has decided to locate its petrochemical plant, also known as an ethane cracker, near Pittsburgh, and Governor Tom Corbett has said that while the deal is the “first pitch in a nine-inning game” – the site must meet environmental and other requirements – it would “have the potential to be the single largest industrial investment in the region in at least a generation.”  Construction of the plant is expected to create 10,000 jobs, while another 10,000 workers will be needed to operate the plant itself, as well as for jobs at suppliers and businesses that will use the products made at the plant.  Corbett: Shell decision the first pitch in the gamePittsburgh Business Times and Corbett says “cracker” plant a job provider to State’s studentsPittsburgh Post-Gazette 

SD – Governor Dennis Daugaard has vetoed a bill that would have cut construction taxes in half on wind farm development projects and environmental upgrades to existing power plants over $50 million.  The bill was passed by the legislature to provide incentives to companies to invest in major wind projects and to help power plants conform to new U.S. Environmental Protection Agency regulations.  Governor Daugaard said in a statement about the veto that he did not disagree with providing incentives for in-state energy development, but felt that the legislature should wait to pass any new incentives until after a November vote on an initiative that would offer incentives to a wider variety of construction projects.  The Governor also said that such a program should include incentives for construction projects under $50 million, citing a $40 million wind farm project within the State that would be ineligible for benefits under the vetoed legislation.  South Dakota governor vetoes tax breaks for wind farms as untimely, discriminatoryThe Republic

 National News

The number of new photovoltaic solar panels installed in the United States more than doubled between 2010 and 2011 according to a new report from the Solar Energy Industries Association.  In 2010, 887 megawatts of photovoltaic solar capacity was installed; that total increased by 109 percent in 2011 when 1,855 megawatts of solar capacity was installed.  Part of the reason for the increase in installations is a reduction of prices for photovoltaic panels, which in 2011 dropped nearly 50 percent.  California installed the most solar capacity of any state in 2011 -- in part due to the State’s 33 percent renewable energy standard that must be met by 2020 -- followed by New Jersey, Arizona, New Mexico, Colorado, Pennsylvania, New York, North Carolina, Texas, and Nevada.  Solar installations doubled last year, with California leading the wayMiami Herald

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