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EPA significantly underestimates amount of methane leaking from fracking operations

The Fracking Context for the EPA’s New Methane Rules

The Obama administration’s new rules to curb methane come in the wake of two reports that illustrate the dangers of hydraulic fracturing (fracking). These reports show that methane is leaking throughout the fracking process from extraction to the end users. The Environmental Protection Agency recently released the final version of their new federal rules to limit methane emissions at oil and gas…

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High Debt Levels Put $8.9 Billion of New Shale Oil and Gas Investments At Risk

Besides low prices, falling output and actions to reduce greenhouse gas (GHG) emissions, investors face another serious threat: the high levels of debt taken on by shale oil and gas producers. The risk of default is higher among smaller U.S. shale oil and gas producers, according to a new study from Carbon Tracker Initiative.

Fugitive methane emissions could wipe out any climate benefits of burning natural gas instead of coal

EDF, Chevron Agree Natural Gas Fracking Here to Stay, Part Ways on Fugitive Methane Emissions and Short-Term Impacts of Shale Boom

Fred Krupp, president of the Environmental Defense Fund (EDF) sat down with Chevron’s Vice President of Policy and Planning Rhonda Zygocki on Monday at the Commonwealth Club in San Francisco to discuss, among other things, the recent boom in natural gas hydrofracking (or simply “fracking”). Natural gas as “magic bullet” Zygocki spoke of a “fundamental shift in the energy landscape” over…

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Fracking operations like this pose a hazard to human and ecosystem health

Whats the Fracking Problem?

Hydraulic fracturing or “fracking” has been associated with water contamination, global warming-causing air pollution, health problems, falling property values and even earthquakes. Each year fracking pumps billions of gallons of water and chemicals deep underground under high pressure to force open cracks and release natural gas. Natural Gas Fracking Problems Exposed According to the House Energy and Commerce Committee, the chemicals used in fracking fluids…

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Environmental News Wrap: Chevy Volt Batteries; Shale Gas Moratorium ; Global Warming Continues, and more…

GlobalWarmingisReal contributor Anders Hellum-Alexander wraps-up the climate and environmental news headlines for the past week: TechnologyReview covers “The Year in Energy” and the effort of the new Volt car to double its battery capacity. Icelandic police apparently don’t know how to react to environmental protests and a formally undercover cop is now speaking up on the matter. Kind of a…

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Environmental News Wrap: July 6-12

GlobalWarmingisReal contributor Anders Hellum-Alexander wraps-up the climate and environmental news headlines for the past week: Picks of the Week: Natural Gas has been touted as a green way to shift our economy off of petroleum, but the public is slowly realizing that things like shale gas are not such a great new revelation. Natural Gas still involves an extraction and…

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