Saturday, March 8, 2014
With a thriving natural gas market in the U.S., oil and energy companies are in a race for fracking rights across the country. The fracking bonanza has led to concern about the oversight of hydraulic fracturing practices. “We need to regulate,” said TJ Glauthier, former Deputy U.S. Secretary of Energy and a former board member of Union Drilling, “I think that natural gas has a very important role to play in a conversion to a cleaner economy and a cleaner future.” One notable result of the “shale gas revolution,” according to Mark Zoback, Professor at the Stanford University School of Earth Sciences, is that “CO2 emissions from coal are down 20% just in the last few years.” But higher than expected methane leakage could mean that “the actual lifecycle carbon impact of burning natural gas is actually worse than coal,” said Kassie Siegel, Senior Counsel at the Center for Biological Diversity. A conversation with three experts on the state of hydraulic fracturing and regulation in America.
This program was recorded in front of a live audience at The Commonwealth Club of California on April 2, 2013