Explain the changes that took place the past 10 years in regards to HF - Horizontal Drilling - Right to patent chemicals that are added to HF water (preventing from society to investigate the damage associated with them) - 2005 signing of the Energy Act to exempt Gas and oil companies for compiling with Clean Water Act.
Degraded landscapes/ecosystems1 to 7 million gallons of water used per well (each well is fracked an average of 18 times)Emissions released to air and waterPolluted ground waterSurface spillsProduction water? What to do with it. Methane released into the air.
Intragenerational inequality (most damage is absorbed by people who live next to the wells, however all the country use the gas and oil, as well as people who lives next to other people who leased their property for wells also suffer from the pollution but receive no money or compensation for it) - Intergenerational inequality (Contaminated resources will live no resources for new generation) - Interspecies inequality (Animals suffer- lose hair, health issues..)
Hydraulic fracturing presentation
Robert Sittman Christopher ConwayGuadalupe Candanedo Einav Henenson Justin Pfledderer
Environmental damageTechnical advancesPolicy design and evaluationCost of policies
Pass the 2012 Frac ActTechnological based performance standardPerformance bondQuasi option value
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