Items tagged with fracking:
News & Updates:
On April 3rd, the Kleinman Center for Energy Policy, the Penn Program on Regulation, and the Penn Wharton Public Policy Initiative hosted a lunchtime conversation with author Daniel Raimi, a senior research associate at Resources for the Future, who discussed his new book, “The Fracking Debate: The Risks, Benefits, and Uncertainties of the Shale Revolution”. Cary Coglianese, law professor and director of the Penn Program on Regulation, moderated the discussion.
Professor Eric Orts, a Faculty Affiliate from the Legal Studies and Business Ethics Department, discusses climate change on “Radio Times.” He detailed the Paris climate agreement and the effect of leaving it.
His counterpart, Michael Oppenheimer from Princeton University, explained, “It used to be in your face. I’m old enough to remember when the air was dirty where I lived in New York City. You could taste it. You could feel it.”
During orientation at the Department of Justice’s Environment and Natural Resources Division, the summer law clerks and undergraduate interns were given a long list of names of environmental legislations to memorize. Given the size of that document, I experienced a naive and ephemeral moment of thinking that if every individual and organization followed these extensive legislations, perhaps energy extraction would not pose such a large risk to the environment and people’s health.
Faculty Affiliate Trevor Penning compared health trends in neighboring counties with and without heavy gas development. Compared to areas without fracking, two counties where gas extraction had taken off showed a 3% annual increase in inpatient hospitalization rates - which is significant.
And while his study didn’t measure pollution levels, or possible sources, he says many of the health issues his group documented were things you’d expect from air pollution—like heart problems.
On March 31st, the Penn Wharton Public Policy Initiative, in conjunction with the Kleinman Center for Energy Policy, hosted an event entitled “The Future of U.S. Energy: Business and Policy Perspectives.” This very lively discussion featured David Crane, President and CEO of NRG Energy, and Benjamin Nussdorf, Senior Regulatory Advisor for the U.S. Department of Energy, Office of Fossil Energy, speaking on topics ranging from the current state of the energy sector, the trajectory of the power industry, and the role of private companies and government regulators at all levels in combatting climate change.