On one hand, our leaders have stated goals to move us toward reducing our GHG emissions and transition away from carbon intense energy sources, and on the other hand a “business as usual” approach prevails under the leadership of Governor Polis and others. Our concerns include lack of inspectors and adequate inspections on fracking operations, the issue of plugged and abandoned wells, and a need to re-envision their mandate in order to move to a carbon-free future.
The SLB has over 1,200 active oil and gas leases covering approximately 574,000 acres of mineral estate. These leases resulted in approximately $1 billion earned for trust beneficiaries, most notably Colorado schools, in the past decade. However, this revenue stream for Colorado schools is not sustainable in the long term and is not reflective of the need to rapidly transition away from fossil fuels.
That’s why we are calling on the Colorado State Land Board for a new mandate to move toward a carbon free future. We believe the Colorado State Land Board needs to take greater leadership toward Colorado’s clean energy future.
Nambe Barela, who is 20 years old and who interns with 350 Colorado had the following to say to State Land Board leaders today: