The chairman of a Vermont-based company looking to handle waste from shale gas drilling has told investors that hydraulic fracturing in New York state likely won’t begin until 2013.
New York development of the Marcellus Shale has been on hold since 2008, when the state began its environmental review of high-volume fracking.
In a March 1 conference call with investors, Casella Waste Systems Chairman John Casella said Commissioner Joe Martens of the New York Department of Environmental Conservation said it would be eight to 12 months before the department review is complete.
Martens on Thursday again said it was a matter of "months, not years" before the review is complete and that he has not spoken to Casella since last fall and then the topic was heavy rain, not fracking.