Requesting the Joint Committee on Government and Finance study economic policy strategies and incentives for building Intrastate pipelines
Impact
The potential impact of HCR106 on state laws includes the exploration of legislative revisions that could support the development of intrastate pipelines. By focusing on infrastructure to enhance local energy distribution, the initiative supports West Virginia's role in the energy market, particularly for shipping products to larger markets like Richmond, Philadelphia, and D.C. The resolution emphasizes a proactive approach to energy transportation, which could lead to more localized decision-making and possibly reduced dependence on more heavily regulated interstate systems.
Summary
House Concurrent Resolution 106 (HCR106) requests the Joint Committee on Government and Finance to study economic policy strategies and incentives for constructing intrastate pipelines in West Virginia. The resolution particularly aims at developing pipelines to transport propane and other oil and gas products from gas fields and the Ohio River to the far eastern panhandle of the state. This proposal arises from concerns that federal regulations and activist litigation have hindered the establishment of interstate pipelines in the region. The study would cover the feasibility of building these intrastate pipelines as well as any necessary changes to state law to facilitate this process.
Sentiment
The sentiment surrounding HCR106 reflects a generally supportive attitude from those in favor of expanding energy infrastructure in West Virginia. Proponents view this as an essential step toward reducing energy costs and overcoming logistical limitations in getting products to market. However, there may be opposition from environmental advocacy groups who are concerned about the implications of increased energy infrastructure and its potential impact on local communities and ecosystems.
Contention
Contention surrounding HCR106 primarily revolves around concerns regarding environmental standards and the regulatory environment for energy projects. While proponents highlight the economic benefits of increased energy distribution, opponents may argue against further development of energy infrastructure without stringent environmental protections. The resolution seeks to address these concerns through research and proposal of appropriate legislative actions to ensure both economic and environmental considerations are balanced.
Requesting the Joint Committee on Government and Finance study economic policy strategies and incentives for drawing into West Virginia employers employing 50 persons or less located in high tax, high regulation, anti-competitive locations out of state