Oil and Gas Study

CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)
James Ennis


  A new study by media and analysis firm Corporate Knights reveals that Colorado's Public Employee Retirement Association (PERA) lost over 1.7 billion in retirement savings since 2009 by continuing to invest in fossil fuels. Climate activists hope the new data could convince PERA's Board of Trustees to take divestment action.

Colorado’s oil and gas regulators say they will start putting some drilling applications through a more rigorous review process after a study found people face short term health risks, such as headaches and dizziness, if they are within 2,000 feet of the wells.

The study released Thursday specifically found the health risks occur when a well is being constructed, with the highest risk coming at a time when a process called “flowback” occurs.