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Related: About this forumObama proposes $3.5 billion gas pipeline overhaul
Barack Obama proposes $3.5 billion gas pipeline overhaulBut Republicans are skeptical about providing the money.
By Andrew Restuccia and Elana Schor
4/21/15 2:15 PM EDT
Updated 4/21/15 9:59 PM EDT
The Obama administration on Tuesday proposed spending as much as $3.5 billion to replace aging natural gas pipelines nationwide a move that comes just as POLITICO published a lengthy investigation of the public safety threat posed by pipelines and the numerous problems plaguing the federal agency that regulates them.
The announcement, included in a 348-page government report examining how to upgrade a vast array of the countrys energy infrastructure, is aimed at addressing the dangers to both public safety and the climate from pipelines that leak or rupture.
But the amount of money the administration is proposing is just a fraction of what it would take to replace the hundreds of thousands of miles of decades-old cast-iron and bare-steel natural gas distribution pipes the lines that are considered most vulnerable to ruptures. A full replacement would cost $270 billion, the report says. And the whole proposal immediately ran into GOP skepticism.
The report, from a sprawling Energy Department study called the Quadrennial Energy Review, calls for creating a DOE program to offer states financial incentives to replace and repair their aging infrastructure, while cutting greenhouse gas emissions from distribution lines that carry natural gas to homes and businesses. The price tag would be $2.5 billion to $3.5 billion over 10 years.
By Andrew Restuccia and Elana Schor
4/21/15 2:15 PM EDT
Updated 4/21/15 9:59 PM EDT
The Obama administration on Tuesday proposed spending as much as $3.5 billion to replace aging natural gas pipelines nationwide a move that comes just as POLITICO published a lengthy investigation of the public safety threat posed by pipelines and the numerous problems plaguing the federal agency that regulates them.
The announcement, included in a 348-page government report examining how to upgrade a vast array of the countrys energy infrastructure, is aimed at addressing the dangers to both public safety and the climate from pipelines that leak or rupture.
But the amount of money the administration is proposing is just a fraction of what it would take to replace the hundreds of thousands of miles of decades-old cast-iron and bare-steel natural gas distribution pipes the lines that are considered most vulnerable to ruptures. A full replacement would cost $270 billion, the report says. And the whole proposal immediately ran into GOP skepticism.
The report, from a sprawling Energy Department study called the Quadrennial Energy Review, calls for creating a DOE program to offer states financial incentives to replace and repair their aging infrastructure, while cutting greenhouse gas emissions from distribution lines that carry natural gas to homes and businesses. The price tag would be $2.5 billion to $3.5 billion over 10 years.
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Obama proposes $3.5 billion gas pipeline overhaul (Original Post)
mahatmakanejeeves
Apr 2015
OP
SamKnause
(13,101 posts)1. Are the pipelines owned by the
American people ???
Is the oil in the pipelines owned by the America people ???
Our tax dollars should not be used to repair the equipment
and pipelines that big energy companies own.
They should be forced to pay for all repairs.
Hey, here's a thought.
Force them to use their subsidies to repair the pipelines, or cut them off.
How did we get into such a mess ???
Scuba
(53,475 posts)2. Eggzaklee!
AuntPatsy
(9,904 posts)3. Common sense