Opinion: Please don’t bring Silicon Valley II to Colorado
On Sunday morning, I hiked up to Anemone Point, about 1,000 feet above the west end of Pearl Street. On top, I could see the Arapahoe Peaks to the west and the horizon to the east. Amazingly, it was crystal clear. This was a delightful comparison to how it looks normally, with the horrendous yellow and brown smog that’s now endemic along the Front Range.
So, I wondered: Why is Polis now pushing for Colorado
to get $1 billion (per the Denver Post) in federal subsidies to support becoming the nation’s quantum
tech hub? Why make things worse by encouraging yet more job growth, adding
pressure on the housing market, while increasing traffic, CO2 emissions and air
pollution, and further stressing our limited water supply along with the
state’s budget with expected tax breaks from Colorado’s Office of Economic
Development and International Trade? (They can’t seem to resist giving away our
money.)
This would be on top of the new Polis 2026 Roadmap
that pushes again for massive market-priced housing densification as a
(non)solution to Colorado’s “housing crisis” and more RTD-type transit as a
(non)solution for the additional traffic. I say (non)solutions because (1) the
demand for housing in Colorado is too great to solve in this way, with millions
of people wanting to move here, and (2) commuting is so disbursed that bus/bus
rapid transit cannot fully meet the need, so traffic will increase substantially
regardless, to say nothing of the increased sales taxes required to fund it.
From scanning the Roadmap, it appears that Polis just assumes that more of
whatever is always better, with no real quantitative analysis provided to
compare costs and benefits, etc.
Worse, the Colorado Air Quality Commission approved a
rule that, according to the Environmental Defense Fund and others, will allow 1.2 million metric tons more climate
pollution than if the emissions from the specified industries stayed flat. This
new rule’s effect will be that we will continue to not meet Federal standards.
Neither the Legislature nor the governor seem to have the commitment to do what
it takes to clean up our air.
I don’t get it. Yes, cleaning up our filthy air will
require some dramatic moves and it may cost some money, but it will be worth
it. For example, regarding one of the biggest emitters, the Suncor refinery in
Commerce City, there actually are refineries that operate quite cleanly, for
example in the Netherlands. So why don’t we get one here? The health benefits
alone would more than pay for the changeover.
All the growth that would come along with Silicon
Valley II will require more water. But the recently created statewide task
force that was supposed to address the reduced flows in the Colorado River came
up with some quite weak proposals relative to the problem. From reading reports
on their work, it appears that, for whatever reason, they did not address the
fundamental issue — that there just isn’t enough water to meet all the present
plus future obligations (and some task force members apparently agree).
The 1922 Colorado River Compact gives 7.5 million
acre-feet per year on average to the Lower Basin states of California, Arizona
and Nevada. It’s clearly written out, in the Compact’s Article III(d). When
this obligation is added to treaty obligations to Mexico, the Native American
tribes, and pre-Compact water rights, there could be a scenario where there is
no water left for the Front Range cities that depend on post-Compact
trans-mountain diversions, including Boulder, Denver, Colorado Springs and Pueblo.
So, under Polis’s Roadmap plus Silicon Valley II, Front Range cities may have
to spend billions to try to buy up farmers’ water rights, likely ending a lot
of West Slope agriculture.
Polis should instead create a growth-constrained,
environmentally sensitive, and tax-payer-friendly Roadmap that doesn’t include
Silicon Valley II. It would require all new job development to pay for
affordable housing for its new workers. It would ensure that enough new housing
to maintain our economic diversity is price-restricted. For existing housing,
it should exchange down payment assistance for price controls on future sales
to help lower-income buyers and restrict price escalation.
The Roadmap should reduce traffic by, e.g., charging
for parking and paying people to carpool. The emissions rules should be strong
enough to get us to Federal air standards within a few years. And, on a whole
other topic, the governor, Legislature and Public Utilities Commission should
work together to end Xcel’s monopoly, which forces us to pay far more than
necessary for our conversion to renewable energy.