![]() ![]() Under New York state’s compulsory integration law, if a driller can sign up 60% of the acres required, the other 40% are compelled to sign on. “They are (initially) talking about trying to assemble between 30 and 50,000 acres to drill, which, under current state law is going to be challenging,” Mantius explained. There are also questions about whether Southern Tier Solutions’ proposal is practical. “There are only about a dozen of these direct-air capture plants in the world right now, and of that group, there’s an even smaller number that are actually involved in using carbon sequestration to do gas drilling as well - in other words, extract methane at the same time,” he told Capital Tonight. Waterfrontonline.blog covers environmental politics in the Finger Lakes.Īccording to Mantius, the technology that would be used by Southern Tier Solutions hasn’t been fully tested. Investigative journalist and founder and editor of Waterfront, Peter Mantius, was the first to report on this story. ![]() ![]() You can hear more from Phillips here on this Capitol Pressroom podcast from WCNY. Phillips wouldn’t say how many leases he’s sold, claiming the information is proprietary. “It really belongs in that basket of renewables.” “At present, the plan is to produce the natural gas, but in a manner that that natural gas is converted to power and converted to power in a manner that doesn’t produce carbon dioxide in the fuel generation process,” he said. Phillips is marketing Southern Tier Solutions as a renewable energy project. “That would be something to support 10 to 12 megawatt power plants, which would ordinarily produce enough power to, say, power the Micron chip factory that’s up near Syracuse,” he told Capital Tonight. Ultimately, according to Southern Tier Solutions President Bryce Phillips, the goal is to lease 1 million acres. The prospect of making money would come from the extraction of methane and the storage of carbon. It’s offering to pay a flat $10 to sign people up. Southern Tier Solutions has so far sent out thousands of informational packages to people who own 30 acres or more. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |