Last week, Vermont Governor Pete Shumlin signed HB 464 into law which bans hydraulic fracturing in the state. Vermont is the first state to enact such a ban. It is an unusual ban, as there is not believed to be much natural gas within the state's grounds. The bill has essentially been deemed a symbolic one for environmentalists to point to in hopes that other states follow. And according to a report from Fuelfix.com, this doesn’t sit well with the hydraulic fracturing industry. According to that report, the American Petroleum Institute(API) said the law is an "irresponsible path that ignores three major needs: jobs, government revenue and energy security."
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Vermont bans hydraulic fracturing
- Alston & Bird LLP
- Elise N. Paeffgen
- USA
- May 21 2012
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Nadia Martel
Senior Legal Counsel
Bombardier Recreational Products Inc
