{"id":225,"date":"2012-11-07T19:13:33","date_gmt":"2012-11-07T19:13:33","guid":{"rendered":"http:\/\/www.wallstreetandkstreet.com\/?p=225"},"modified":"2012-11-07T19:13:33","modified_gmt":"2012-11-07T19:13:33","slug":"its-time-to-address-climate-change-governor-cuomo","status":"publish","type":"post","link":"https:\/\/www.wallstreetandkstreet.com\/?p=225","title":{"rendered":"It\u2019s Time to Address Climate Change, Governor Cuomo"},"content":{"rendered":"<p>In an October 31 media briefing on Hurricane Sandy, New York Governor Andrew Cuomo linked the storm to climate change:\u00a0 &#8220;For us to say this is once-in-a-generation, that it&#8217;s not going to happen again, as elected officials that would be short-sighted. This city, this region, is very susceptible to coastal flooding. Part of learning from this is learning that climate change is a reality.&#8221; \u00a0Cuomo proposes considering the type of storm barriers used in Europe \u2013 at the mouth of London\u2019s Thames River, for example.<\/p>\n<p>It would take years and years to build storm barriers around New York City.\u00a0 But here is one thing the Governor could do <strong>right away<\/strong> to address climate change:\u00a0 approve the use of fracking to drill for natural gas in the Marcellus and Utica shale formations in western New York. Natural gas produces far less greenhouse gas than coal, which is already being \u00a0supplanted by gas\u00a0in many U.S. power plants. By all means let&#8217;s regulate drilling so it does not affect ground water and so the waste water is properly handled.\u00a0 This can be done.\u00a0 Thousands of wells have already been drilled around the country without significant environmental damage\u2014including next door in Pennsylvania.<\/p>\n<p>But is it acceptable to approve energy projects that involve <strong>any<\/strong> damage to the environment?\u00a0 \u00a0The reality is that <strong>all<\/strong> types of energy production have <strong>some<\/strong> impact \u2013 including noisy windmills that slice up birds and solar collector fields that blight hundreds of acres of open land. \u00a0Natural gas drilling sites, which temporarily cover a few acres, are actually <strong>far less<\/strong> less disruptive than either windmills or solar (or, for that matter,\u00a0coal mines). And let\u2019s remember that if Cuomo\u2019s proposed storm barriers ever made the trip from rhetoric to reality, environmentalists would discover all sorts of risks to sensitive marine life.\u00a0 Nothing is perfect.<\/p>\n<p><strong>Closing New York&#8217;s Income Gap<\/strong><\/p>\n<p>And, by the way, fracking in New York would address two of the biggest socioeconomic issues vexing liberals: wage stagnation and income inequality.\u00a0 The median household income in three counties that would benefit from fracking (Broome, Chenango, and Cortland) is only $42,371, or just 55% of the level in Westchester County (home to many rich liberals, including professional fracking opponent Robert Kennedy Jr.).\u00a0 By permitting fracking Cuomo would create thousands of relatively well-paid jobs for middle class families struggling in one of the more depressed rural economies in the United States.\u00a0 And cheap natural would reduce fuel costs, thereby lifting real wages.<\/p>\n<p>So will Cuomo actually step up and doing something concrete to address climate change while helping New Yorkers?\u00a0 Or just talk?\u00a0 We&#8217;ll find out.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In an October 31 media briefing on Hurricane Sandy, New York Governor Andrew Cuomo linked the storm to climate change:\u00a0 &#8220;For us to say this is once-in-a-generation, that it&#8217;s not going to happen again, as elected officials that would be &hellip; <a href=\"https:\/\/www.wallstreetandkstreet.com\/?p=225\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[47,46,48,39],"class_list":["post-225","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-climate-change","tag-energy","tag-income-inequality","tag-wage-stagnation"],"_links":{"self":[{"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=\/wp\/v2\/posts\/225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=225"}],"version-history":[{"count":3,"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=\/wp\/v2\/posts\/225\/revisions"}],"predecessor-version":[{"id":228,"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=\/wp\/v2\/posts\/225\/revisions\/228"}],"wp:attachment":[{"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}