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WSP08760
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Last modified
7/29/2009 8:52:12 PM
Creation date
10/12/2006 3:14:57 AM
Metadata
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Template:
Water Supply Protection
File Number
8040.200
Description
Section D General Studies-Energy
Date
10/27/1975
Author
Steve Wynkoop
Title
The Denver Post-Shale Loan Issue Covered
Water Supply Pro - Doc Type
News Article/Press Release
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<br />))fll~h'?D>t IO!z7/7S <br /> <br />FINAL HEARINGS IN BOULDER <br />Shale-Loan Issue Covered <br /> <br />hearing panel Monday. Rep. K~ Hechler, <br />D-W. Va., was on the hearing panel at <br />Rifle. <br />The hearing is being conducted by the <br />fossil fuels subcomnlittl'f' of the House <br />Committl'e on ScienCt' and Technology. <br />EM'IRO.":\IE\'T,\I.I'A~EL <br />Speaking all the environmental panel, <br />Katherine Fletcher, staff scientist with <br />the F.nvironmt'ntal Defense Fund, cri. <br />ticl1.ed both the rnvironmental impacts <br />and tht> economic assumptions underlying <br />the subsid)' program. <br />"The proposed SO billion subsidy pn> <br />gram lor synthetic fuels development <br />under consideration by this committee Is <br />a blatant example of misplaced effort and <br />money in Congn>ss' and the Ford ad- <br />ministration's attack on the energy <br />problem," shf' said. <br />"It is ill.conceived spt'cial-lntp.rt'St legi5- <br />lalian which will not result in the produc- <br />tion of a noticeable amount of energy, if <br />any. and whil'h will result in extensive, <br />predictable and complete unju~tifiable en. <br />vironm('fltal and sot.'io-economic disrup- <br />tion," she added. <br /> <br />E'm states by Including provisions for <br />vetoes by governors and monies for local <br />govf'rnments. <br />~I..\JOR STATE~fE!'OT <br />G{w. Dick Lamm was to make what <br />aides caned a major policy statement on <br />oil shale before the committee Monday <br />afternoon. <br />Officials told Wirth and two othrr <br />congressmen Saturday at Ri(]f', Colo., <br />that the subsidy program could bring un. <br />wanted socio-economic impacts to the <br />Western Slope shale areas. <br />~lrs. Diek said the type of aid to the in- <br />dustry en~'isioned by the Jackson provi- <br />sion "would be a curse rather than a <br />blessing," <br />If most optimistic industry pro~tions <br />are C'Ortect. Me said, 700.000 barrE'is of <br />shale oil 'o\'Ould be produced a day in <br />western Colorado b)' 1985. <br />FIGURES GI\'K~ <br />Mrs. Dicit predicted ]28.000 new people <br />would mo\'e into a region of the slate <br />which currently has a population of about <br />20.000 persons. <br />The Jackson provision, as written. she <br />said. "with this arbitrary amount of <br />mont')' flowing to oil shale would ruin <br />western Colorado as we know iI." <br />Wirth and other congre:<>smen \\ill at. <br />tempt to rewrite the Jackson pro\'ision to <br />include money for loan guarantees for <br />local C1lmmunities which would severely <br />affected by oil shale deveklpment. <br />BELIEF TOLD <br />"I happen to belicve the citizcns of Col- <br />orado shouldn't bE' picking up the tab for <br />a national program," Wirth told ~Irs. <br />Dick_ <br />A panel of cnvironmf'ntalistsalso aJl- <br />pcarl'd at Wirth's hearm~ <br />Rf'p. Phil Hayes, D-Ind., was on the <br /> <br />By STEVE "iY!'iKOOP <br />DenH~r Post Staff Writ~r <br />BOuLDER _ Rep. Tim Wirth. o.c.olo., <br />began final hearings here Monday on a <br />pro\'ision 10 guarantee $Ii billion in loans <br />for oil shale and other SjllthetiC fuels de. <br />velnpment, <br />The lad witness at the hearings at the <br />National Center for Atmospheric Re- <br />seareh was State Rep. Nancy Dick. 0- <br />Aspen. who said she oppoSE'S the proposed <br />subsidy program in its p~senl form. <br />JACKSU!'i ACTIO!'i <br />Sen. Henry Jackson, D-Wash.. tacked <br />on the loan guarantee amendment. which <br />C<"luld result in thE' construction of two <br />major oil shale plants, to the Energy <br />Research and Dt'velopmem Administra. <br />tion authorization bill. <br />The biU passed the Senate and goes to <br />a ronfe~nce committee of the House and <br />Senate next week. <br />Wirth. W('stern I:o\'emors and othl'rs <br />are working to soften its imp.let on West. <br /> <br />0065 <br />
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