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‘Restore Pennsylvania’ proposal concerns Marcellus Shale Coalition

Tuesday, February 4, 2020 by

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The Marcellus Shale Coalition and Pennsylvania Manufactures’ Association expressed concerns about the economic impacts of Gov. Tom Wolf’s “Restore Pennsylvania” proposal last week, according to the Pennsylvania Business Report.

Wolf’s proposal is a a $4.5 billion infrastructure initiative that would invest in expanding high-speed internet access, improving storm preparedness and disaster recovery, redeveloping blighted areas, developing energy infrastructure and other areas. His plan to fund it is a severance tax on natural gas drilling and borrowing.

Following Wolf’s announcement to renew his push for the proposal last Tuesday, bot PMA and the Marcellus Shale Coalition released statements of their own.

“Amid a sharp market downturn, Governor Wolf’s plan for additional energy taxes jeopardizes job-creating investment in Pennsylvania and will be a gut-punch to the hard-working employees, building trades union members and families who want to pay less for the energy they need, not more,” Marcellus Shale Coalition President David Spigelmyer said. “Pennsylvania’s existing tax on natural gas is on track to generate nearly $2 billion since 2012 – revenue that’s dedicated for communities to strengthen roads and bridges, improve parks and trails, flood mitigation, and emergency services, to name a few. Our industry is committed to working with Gov. Wolf – who we deeply respect – on policies that help grow jobs locally, attract investment to the Commonwealth, and keep Pennsylvania open for business.”

Learn more: Pennsylvania Business Report > PMA, Marcellus Shale Coalition raise concerns regarding Wolf’s Restore Pennsylvania plan

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