By Scott Weiser | Colorado Springs Gazette
A bill introduced in the state senate to end oil and gas drilling poses a catastrophic threat to Colorado’s economy, according to researchers from the Common Sense Institute.
Senate Bill 24-159 would require the state to cease issuing new oil and gas drilling permits by 2030. The bill was set to be heard on Thursday by the Agriculture & Natural Resources Committee but was postponed because of a snowstorm. A hearing has not yet been rescheduled.
“It’s horrible on every front because it claims to be about CO2 emission reduction, which it’s not,” said CSI Energy Fellow Trisha Curtis. “It’s beyond detrimental and devastating to the economic state of Colorado and it really doesn’t appreciate the economic realities at all.”