New York State and Renewables

New York State's population is shrinking.  In the year ending on July 1, 2018, New York lost more than 48,000 people.  People leave New York State to avoid high taxes.  In the case of upstate New York, they leave to escape perpetual recession.  In upstate Rochester, New York, the home of the bankrupt Kodak, the median house price is $75,000, and 33% of the population is poor. Ironically, New York is sitting on vast potential mineral wealth in the form of the Marcellus and Utica shale formations.  These formations yield vast quantities of oil and gas when properly exploited using hydraulic fracturing (fracking).  But fracking is not allowed in New York.  Governor Andrew Cuomo has proudly forbidden fracking, presumably in order to gain favor from the crackpot green segment of the Democratic Party.  As a consequence, residents of New York living near the border with Pennsylvania often commute to jobs...(Read Full Article)
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