N.Y. Assembly Approves Fracking Moratorium

The New York State Assembly voted 93 to 43 Monday night to place a temporary moratorium on a controversial type of natural gas exploration that combines hydraulic fracturing with horizontal drilling. The goal is to give the state more time to address safety and environmental concerns.

The Senate passed a similar bill in August, and the legislation now awaits the signature of Gov. David Paterson.  (READ MORE)