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Hydraulic fracturing presentation

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Hydraulic Fracturing Robert Sittman Christopher Conway Guadalupe Candanedo Einav Henenson Justin Pfledderer
  • 1. Robert Sittman Christopher ConwayGuadalupe Candanedo Einav Henenson Justin Pfledderer
  • 2. commercialhttp://youtu.be/X8du6pQbvyo
  • 3. 2005 Energy ActAdvances in the HF processChemicals
  • 4. Enormous potential for both the economy and theenvironmentJobs!!!Greenhouse gas advantagesNational security benefitsLower costs to consumersA safe process
  • 5. What the Frack?
  • 6. LandWater Air
  • 7. Intragenerational inequality-certain people suffer whileothers benefitIntergenerational inequality-contaminated waterresources for the futureInterspecies inequalityanimals are harmed
  • 8. Social Marginal Cost$ Private Marginal Cost$* Marginal Damage Marginal Benefit Q* Q
  • 9. Environmental damageTechnical advancesPolicy design and evaluationCost of policies
  • 10. Pass the 2012 Frac ActTechnological based performance standardPerformance bondQuasi option value
  • 11. References Adams, G., Hayes, S., Wejerter, S. and Boyd, J. (2007, October 24). Regulatory Capture: Managing the Risk. ICE Australia, International Conferences and Events. Retrieved April 14, 2011 Arthur, J.D. (2008, September 21). Hydraulic Fracturing Considerations for Natural Gas Wells in Marcellus Shale. Presented to The Ground Water Protection Council September 21-24, 2008. Retrieved from Google Scholar Cavner, R. (2011, February 8). Responding to the Hydraulic Fracturing Issue. Daily Hurricane. Retrieved from http://www.huffingtonpost.com/robert-l-cavnar/responding-to-the-hydraul_b_820215.html Chesapeake Energy (2010). Natural gas Water Usage Facts. Retrieved from: http://www.hydraulicfracturing.com/Pages/information.aspx Environmental Protection Agency. (2004). EPA Study on Hydraulic Fracturing. Retrieved from http://www.epa.gov/ogwdw/uic/pdfs/cbmstudy_attach_uic_ch07_conclusions.pdf Energy in Depth. (2010, June 9). Debunking Gasland. Retrieved from http://www.energyindepth.org/2010/06/debunking-gasland/ Fox, J. (Director). (2009). Gasland [Motion Picture]. United States: Docuramafilms. Fox, J. (2010, July 12) Affirming Gasland: A De-debunking Document in Response to Specious and Misleading Gas Industry Claims against the Film. Retrieved from http://1trickpony.cachefly.net/gas/pdf/Affirming_Gasland_Sept_2010.pdf Keohane, N. & Olmstead, S. (2007). Markets and the Environment. Washington: Island Press Kerr, R. (2011, August 11). Federal Committee: Shale Gas Needs Openness, Better Data. Science Insider http://news.sciencemag.org/scienceinsider/2011/08/federal-committee-shale-gas-need.html?ref=hp Lustgarden, A. (2011, January 25). Buried Secrets: Gas Drillings Climate Benefits May Overstated and Possible Environmental Threat. Pro Publica: Journalism in the Public Interest. Retrieved from http://www.propublica.org/article/natural-gas-and-coal-pollution-gap-in-doubt
  • 12. References Montgomery, C. & Smith, M. (2010, December). Hydraulic Fracturing: History of an Enduring Technology. Journal of Petroleum Technology (Society of Petroleum Engineers) 62 (12): 26-32 Nadar, L. (2010). The Energy Reader. Malden, MA: Willey-Blackwell Publishing Nelson, P. (2011, July 18) Resources for the future. RFF Launches New Initiative on Risks and Regulations of Shale Gas. Retrieved from: http://www.rff.org/News/Press_Releases/Pages/RFF-Launches-New-Initiative-on-Risks-and-Regulation-of-Shale-Gas.aspx Rubinkan, M. & Caruso, D. (2011, April 12). Fracking Shale for Gas brings Wealth, Concerns. The Huffington Post.http://www.huffingtonpost.com/huff-wires/20110412/us-gas-drilling-impact/ Urbana, I. (2011, February 26). Regulation Lax as Gas Wells tainted water Hits River. The New York Times. http://www.nytimes.com/2011/02/27/us/27gas.html?_r=1&hp Walsh, B. (2011, March 31). Could Shale Gas Power the World. Time Magazine. Retrieved from:http://www.time.com/time/health/article/0,8599,2062331-4,00.html Wilson, W. (2007, October 4). Letters from EPA Fracking Study Whistleblower. Earthworks: Protecting Communities and the Environment. Retrieved from: http://www.earthworksaction.org/publications.cfm?pubID=372 Wiseman, H. J. (2008, September 23) Untested Waters: The Rise of Hydraulic Fracturing in Oil and Gas Production and the Need to Revisit Regulation. Fordham Environmental Law Review. Vol 20. P. 115, 2009. SSRN: http://ssrn.com/adstract=1595092