More and more businesses and businesses groups “are finding that there is a strong business case to be made against fracking,” Richard Eidlin writes in this review article on GreenBiz.
“You’ve probably heard that fracking is supported wholeheartedly by the business community, and that only environmentalists see problems with it,” he notes. But “people who follow the issue closely know a lot of environmental issues are associated with the practice—such as fracking operations causing hundreds of earthquakes or contaminating water sources in at least four states. In a state such as California, suffering from a historic drought, more competition for water resources is not helpful.”
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Eidlin cites methane leaks from fracking sites, disrupted supply chains, damaged infrastructure, and higher insurance and transportation costs as other down sides of the U.S. fracking boom. (h/t to Environmental News Bits for pointing us to this story)
