DEC selling out to fracking industry - Times Union: "Moreover, fracking depends on massive, wealth-eating subsidies from public resources that will lower net New York wealth. For example, damage to state roads alone has been estimated by the state to cost tens of millions of dollars annually. Then there are the adjacent landowners whose property and business values fracking will crash, the environmental degradation of water resource, the lack of any offsetting tax revenues, and the disruptive effects on local services and housing markets of a transient oil patch work force.
Fracking also promises potentially devastating impacts on three critical economic development opportunities for New York: agriculture, tourism and green energy."
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