A newly erected drilling rig site can be seen on the north side of the Northwest Parkway toll road on Dec. 22, 2021, near Broomfield. Leading Colorado Democrats and the state’s oil and gas industry announced a preemptive armistice Monday — one that seeks to defuse the latest round of
A key part of the deal takes the form of two new bills set to be introduced in the coming days — roughly one week before the end of the legislature’s 2024 session. Polis said negotiations included major players in the oil and gas industry, legislators who had eyed tighter regulations on production and several environmental groups, with eight of the latter named in a news release.— and at various stages of state review — will be abandoned. Those supported by the industry, which has the money to run effective campaigns backing them, were seen as particularly concerning to environmentalists, since among the aims was to thwart state and local regulations.
“Colorado’s oil and natural gas industry has been leading the state in emissions reductions and has been at the table for more than two dozen rulemakings in just the past few years,” he said. “But political and legislative stability and certainty is vital to our industry’s future success here, and we’re pleased to see our state’s political leaders share that vision.”
The governor’s office said the oil and gas producers Occidental, Civitas and Chevron were involved in the coalition and supported the new legislation. “It’s not about the oil and gas companies getting something. It’s not about are we satisfying the environmentalists,” she said.
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