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green and sustainable business

Posts Tagged ‘fracking

Penalties, fracking alter the playing field for energy companies

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deepwater horizonGuest post by Daphne Holmes. She is a writer for arrestrecords.com; reach her at daphneholmes9@gmail.com.

The notorious BP Deepwater Horizon oil disaster in 2010, considered to be the largest accidental marine oil spill in the history of the petroleum industry, was the “shock heard ’round the world,” and it is still reverberating. The cause of eleven deaths and a loss of many billions of dollars to the Gulf Coast economy – it has impacted offshore drilling, tourism, and fishing – the BP spill resulted in numerous civil lawsuits and settlements as well as criminal charges. BP is fighting some of these charges and the terms of some settlements, even as it continues to present itself as an environmentally responsible corporate citizen.

Meanwhile, fracking is causing a furor because of concerns about environmental impacts, including groundwater pollution and an alarming increase in earthquake activity in some areas. Activists around the world are working to stop fracking, and activist groups such as Greenpeace have planned legal challenges to fracking in England. Fracking has been challenged in the U.S. as well, with the main battles being between environmentalists and proponents of economic growth. A web site called Fracking Insider keeps track of legal battles and regulatory developments in the fracking industry. Read the rest of this entry »

Written by William DiBenedetto

3 July, 2014 at 4:00 am

Fracking’s yin and yang

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By now you probably know my take on hydraulic fracturing, or fracking, if you have been reading this blog and my occasional articles on TriplePundit. Briefly put, I don’t see that the advantages of a marginally cleaner carbon-based energy supply outweigh the litany of disastrous impacts—both potential and real—to the environment, the atmosphere, the earth, the water supply and property values.

I don’t think it is even close, but in the interest of fair play I’m presenting this infographic, “Fracking: Economic Boom or Safety Bust?” courtesy of Mike Isaac, who markets content with Kris Dietz, the founder of two marketing agencies, ProspectMX.com & RankPop.com.

It makes for interesting viewing as it attempts to illustrate the advantages of fracking – take a look and add this to the store of information on fracking. (BTW I received no remuneration for this.)

hydraulic fracking

Written by William DiBenedetto

16 October, 2013 at 4:01 am

Fractures in the Fracking Debate

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frackingMore on fracking : a new web video series designed to provoke discussion and disrupt conventional thinking on a wide variety of contemporary issues released its second episode — about the use of hydraulic fracturing – fracking – and its impacts on economic growth and environmental sustainability.

The “Summits on Tenth” series is a joint project of the Nathan Cummings Foundation, a social change philanthropy and AlterNet, an online source of independent news and commentary. Read the rest of this entry »

Written by William DiBenedetto

9 October, 2013 at 4:00 am

Fracking fractures property values

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marcellus_shale_gaswellWhy does the hydraulic fracturing, or fracking, method of drilling for natural gas and oil get a pass for its unintended consequences, such as soil, water and air pollution, water waste and earthquakes, among other really bad things?

No need to answer, but there’s another alarming outcome of fracking that could hit close to home, especially if your home is in Bradford County, PA, where 93 percent of the acreage is under lease to a gas company. Read the rest of this entry »

Written by William DiBenedetto

20 September, 2013 at 4:00 am

Fracking: toxic snake oil

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snake-oil-front-coverRichard Heinberg and the Post Carbon Institute, in a new book, have effectively deconstructed the supposed benefits—foisted upon us by the oil industry—of the hydraulic fracturing method of gas and oil extraction, or fracking..

In his latest book, SNAKE OIL: How Fracking’s False Promise of Plenty Imperils Our Future, Heinberg—journalist, author and senior fellow at the Post Carbon Institute—says the “false hype” surrounding shale gas and oil production “has hijacked America’s energy conversation.”

Heinberg’s research shows that “rather than offering the nation a century of cheap energy and economic prosperity, fracking may well present us with a short-term bubble that comes with exceeding high economic and environmental costs.”

He continues, “Horizontal drilling and hydrofracturing (“fracking”) for oil and gas pose a danger not just to local water and air quality, but also to sound energy policy, and therefore to our collective ability to avert the greatest human-made economic and environmental catastrophe in history.” Read the rest of this entry »

Written by William DiBenedetto

14 August, 2013 at 5:00 am

Interagency Group: What the Frack?

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Fracking is getting heat—or at least a lot of attention—at the grassroots and at the federal levels. President Obama this month issued an Executive Order forming an interagency working group “supporting the safe and responsible development of unconventional natural gas resources.”

“Unconventional” in this case is hydraulic fracturing—aka fracking—a natural gas extraction method in which water, sand and chemicals are pumped underground at high pressure in order to fracture, or crack open, layers of rock, making oil and natural gas accessible. Fracking makes it easier to get at the large deposits of oil and gas from shale formations.

But many also contend that it is risky and, in effect, cruel and unusual punishment to the earth’s crust and water resources. Fracking can release harmful pollutants into the air and underground water tables. There is also alarming evidence that the process causes earthquakes, which apparently is what happened last year at a fracking site near Blackpool, England. Read the rest of this entry »

Written by William DiBenedetto

30 April, 2012 at 2:00 am

Stopping fracking one town at a time

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Image by billb1961 via Flickr CC

An excellent way to put a stop to fracking is to do it town by town and county by county.

New York Supreme Court Justice Phillip R. Rumsey ruled last month that the Town of Dryden, NY has the right to adopt zoning rules that prohibit natural gas drilling that uses the hydraulic fracturing, or fracking, method of extraction.

In Anschutz Exploration Corporation v. the Town of Dryden and the Town of Dryden Town Board, Rumsey concluded that the town’s zoning ordinances are not preempted by the state’s Oil, Gas and Solution Mining Law. Read the rest of this entry »

Written by William DiBenedetto

14 March, 2012 at 2:00 am

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