Wednesday, May 6, 2020

A Brief Note On Environmental Impacts Of Fracking

Environmental Impacts of Fracking In 2011, a report released by the International Energy Agency claims the world is entering the â€Å"Golden Age of Gas.† The report shows that, with the increasing projects of fracking, gas use will escalate 50 percent and replace coal to become the second largest fuel by the year of 2035 (IEA). Correspondingly, one study illustrates the increased practice of fracking has brought $ 74 billion economic gain per year since 2007 (Dews). Also, one oil company claims that more than 200,000 jobs were created by fracking related operations. These statements point out the operation of fracking can bring robust economic benefits to the society. However, these statements only focus on the bright side of fracking. They did not indicate how fracking will affect the environment. Since 2010, fracking has raised many concerns about environmental impacts, including water contaminations, earth tremors, and air pollutions. Also, anti-fracking activists highligh t the lacking of operational information and data of fracking companies makes tremendous toxic substances flow into the earth. They believe government should enforce more transparencies and regulations on fracking companies. Despite of economic benefits, due to its immense environmental impacts, people should stop practicing fracking until scientific researchers ensure its safety. Fracking is a technique that can increase the gas production in drilling wells. The basic process of fracking is injectingShow MoreRelatedThe And The Revolution Of America s New On Our Children s Health And Future2119 Words   |  9 Pagestalking here about global warming, and â€Å"deniers† versus â€Å"warmists.† We’re talking about the game-changing new set of unconventional oil and gas extraction technologies and techniques collectively known as hydraulic fracturing, or â€Å"fracking.† Ask the most hardcore of pro-fracking boosters for their take, and they’ll describe the modern miracle of America’s new-found energy independence, a reality almost inconceivable just a decade ago. For them, the oil and gas boom around the U.S. has helped to rebootRead MoreExxon Mobile Capstone40455 Words   |  162 Pages................................................ 9   Level  1  Analysis .................................................................................................................................................................10   MACRO  ENVIRONMENTAL  FORCES  ANALYSIS,  ECONOMIC  TRENDS  AND  ETHICAL  CONCERNS .....................................................................10   Upstream  and  Downstream  Oil  and  Natural  Gas .......................................................................

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