The most contentious legislative contest for the 2018 midterms here in Colorado is Proposition 112, entitled "Increased Setback Requirement for Oil and Natural Gas Development."
As is our custom here at Hot Chicks Dig Smart Men, let's Follow The Money.
This is a proposition, which in Colorado means it was placed on the ballot though petition. A minimum number of signatories are required in order for the Secretary of State to place it on the ballot.
Based on the Colorado Secretary of State website, the following groups are in favor of this measure:
- Colorado Rising for Health and Safety
- Earthworks Action Fund Issue Committee
Those opposed to the measure are:
- Protecting Colorado's Environment, Economy, and Energy Independence (Protect Colorado)
- State Ballot Issue Committee
- Fix Our Damn Roads
- Spirit of Colorado
- Americans for Prosperity - Colorado Issue Committee (AFP-CO IC)
Based on my research, most of the contributions for the "opposed" side of the house come directly from the energy business. Understandable - if this measure passes, the real estate available for oil and gas extraction will diminish significantly. This translates to less money for these companies (including the Koch Brothers and their lick-spittle PAC, AFP), Noble Energy, Ralsa Energy, and more, plus the small businesses that support these large companies).
The main contributors on the "in favor" side of the house come from granola crunching hippies, and by "granola crunching hippies," I mean "people who don't think water should be flammable." Theirs is a grass roots initiative.
Most of the politicians who have taken a position on this measure are against it. Again, understandable, since no one wants to be the guy who's on the wrong side of the energy industry when it's time for reelection.
As with most political contests, the fear mongering, exaggeration, and downright liar, liar, pants on fire rhetoric is everywhere. Those opposed claim it will have serious and long-term economic repercussions. Those in favor say these claims are grossly exaggerated, and that fracking and other extraction technologies cause serious short and long-term health problems. I'm not going to recap the research here because I have a job, so you'll need to read the claims on your own to determine the actual facts. But here are some things to consider when forming your own opinion:
- If this passes, it could set a national precedent for setback regulations.
- Colorado is the 7th largest producer of oil in the nation, and the 5th largest producer of natural gas.
- The opposition for this measure have money. Lots of money. the proponents of the measure...don't. In my opinion, this teaches us something about whose ox is being gored.
- If this passes, it could put 85% of Colorado land off-limits to extraction.
- The tax distribution from the energy economy to local municipalities and school districts are substantial in some communities. However, energy companies also receive significant tax refunds from the state.
- There is evidence for negative health outcomes from current energy extraction techniques.
- There will be job loss if this passes, based on research conducted by the Common Sense Policy Roundtable think tank. Note: This group claims to be bipartisan, however, they describe their mission as promoting free enterprise. You be the judge.
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