What Is Marcellus Works?
Marcellus Works is a bold, new initiative introduced by House Republicans that is designed to secure Pennsylvania’s energy future and create thousands of new jobs by creating incentives for the use of the clean natural gas which is plentiful under Pennsylvania’s large Marcellus Shale formation.
Pennsylvania’s immense natural gas supply has been projected to last up to 50 years. The jobs created from this industry are long-term jobs that will keep Pennsylvanians employed for years. Many of the individuals, who are going to work for the natural gas industry today, could spend an entire career in this industry if they choose to.
By creating incentives to use that natural gas, we will increase demand, and as a result, we will help create thousands of jobs not only in the natural gas industry but also in related fields like the infrastructure, manufacturing, and service sectors. In addition, we will reduce Pennsylvania’s dependence on oil, thereby reducing emissions from carbon monoxide, carbon dioxide, nitrogen oxide, and non-methane hydrocarbons. This is a win-win for everyone.
The Marcellus Shale industry produced $389 million in state and local tax revenue in 2009 alone, and is expected to pay close to $800 million this year. Our plan would use a portion of that revenue to create thousands of jobs. The initial investment of $55 to $60 million, which will come from taxes already imposed on the industry, will result in thousands of long-term jobs for Pennsylvanians.
Marcellus Works will not only build a bridge to our energy future but also to our economic future.