By Joe Mueller | The Center Square
A bill to substantially restrict oil and gas permitting in Colorado would result in widespread financial and environmental impacts, according to a new report by a research group.
The report, published by the Common Sense Institute, a free-enterprise think tank, says Senate Bill 24-159 would negatively impact the state’s economy as well as tax revenue at the state and local levels.
The legislation also would result in increased emissions, according to the report, which referenced the recently published Colorado Greenhouse Gas Pollution Reduction Roadmap 2.0 Report to support its point.