Truce Declared in Colorado Energy Wars

May 1, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)-- A truce has been declared in Colorado's long-running energy wars that for years pitted oil and gas companies against environmental organizations. Like all cessation of hostilities, this one needs to be codified with documents, in this case legislation, which is said to be forthcoming. Governor Jared Polis (D) brokered the deal, which was announced late Monday. The agreement requires Democrats in the state legislature to abandon four bills that would have significantly tightened regulation of the oil and gas industry. Environmental groups will drop their numerous proposed ballot initiatives aimed at more closely regulating the industry. And oil and gas groups agreed to abandon their own ballot initiative efforts, at least one of which took aim at the state's renewable portfolio standard (RPS).