Terraqua - Land Investment

The Land Investor

News and Commentary on Land-based Investment

Colorado Anti-Fracking Measures Withdrawn

John Watson/Fay Ranches.

Fracking Insider, a newsletter published by law firm Kelley Drye & Warren’s environmental law and energy practice groups, announced today, an agreement has been reached leading to withdrawal of anti-fracking measures in Colorado.  The proposed legislation taken off the table were Initiative 88 which set forth increased setbacks from occupied structures for new oil and gas wells; and Initiative 89, if passed, would have declared in cases of conflict between local and state law the more restrictive law or regulation would govern.  Initiative 121 was also scrapped that would have prohibited a local government that banned fracking from receiving oil and gas revenues from the State.

Agreement Leads to Withdrawal of Anti-Fracking Measures in Colorado

By Wayne J. D’Angelo on September 2, 2014Posted in Regulatory

A group pushing two anti-fracking measures in Colorado has withdrawn the initiatives after reaching a deal with Gov. John Hickenlooper (D), who agreed to create a task force to make recommendations on how to minimize land-use conflicts in siting oil and gas facilities. The task force will consist of equal representation from energy companies, environmental groups, and local governments.

Coloradans for Safe and Clean Energy withdrew Initiative 88, which would have asked voters
to require a 2,000-foot setback from the nearest occupied structure for new oil and gas wells, and Initiative 89, which would have established a “public right” to a clean environment and declared that the more restrictive law or regulation governs where state and local law conflict. Industry also withdrew its own pro-fracking ballot measures as part of the deal, including Initiative 121, which would have prohibited a local government that has banned hydraulic fracturing from receiving oil and gas tax revenues distributed by the state, and Initiative 137, which would require advocates of ballot initiatives to include estimates of fiscal impact for proposed initiatives.

The anti-fracking initiatives were seen as threats to the political futures of Gov. Hickenlooper and Sen. Mark Udall (D), both of whom have opposed the measures and are up for reelection this November. Rep. Jared Polis (D), one of the richest members of Congress, has bankrolled the two anti-fracking initiatives, but withdrew his support as part of the deal and stood with the Governor at the August 4th press conference announcing the agreement. Rep. Polis has been under pressure from fellow Democrats who feared his proposed ballot initiatives could cost the party a Senate seat and the governorship.


This entry was posted in colorado land, Farmland, Fay Ranches, Land Investment, Public Lands, Ranches, Water and tagged . Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

You may use these HTML tags and attributes <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>


  • Recent Articles

  • Browse Articles by Category

  • Article Archives

  • Subscribe to our mailing list.

  • Contact Terraqua

    1625 Larimer St., Suite 506
    Denver, Colorado 80202