Stephanie Catarino Wissman, on RealClearEnergy, writes about the detrimental effects that a fracking ban would have on the United States.
- The fracking revolution has drastically reduced emissions while producing economic prosperity.
- Bans on fracking could result in a loss of $7.1 trillion in cumulative GDP by 2030.
- Natural gas has provided economic and environmental progress. Banning this energy source would lead to job loss and increases in emissions.
“Banning fracking ignores sound science in favor of a false choice between renewable energy and natural gas. Today, more than 95 percent of U.S. natural gas and oil wells are developed using fracking. With the increase of natural gas consumption, particularly in power generation, the U.S. has reduced carbon dioxide emissions to their lowest levels in a generation. Additionally, methane emissions rates decreased by nearly 70 percent from 2011 to 2018 in the largest-producing U.S. regions, including Appalachia, even as combined production in those regions tripled.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
