Fracking: A creature of government?. Issue 8 (December 2016)

• Record Type: Journal Article
• Authors: Counts, Gage; Block, Walter E
• Is Part Of: Energy & environment. Volume 27:Issue 8(2016)
• Page Start: 933
• Page End: 941
• Publication Date: 2016-12
• Subjects: Fracking -- energy -- government subsidies -- property rights violations; Power resources -- Environmental aspects -- Periodicals; Power resources -- Periodicals; Renewable energy sources -- Periodicals; Energy policy -- Environmental aspects -- Periodicals; Ressources énergétiques; Politique énergétique; Energy policy -- Environmental aspects; Power resources; Power resources -- Environmental aspects; Renewable energy sources; Periodicals; 333.7
• DOI: 10.1177/0958305X16677184
• Languages: English
• ISSNs: 0958-305X

Abstract

Like most other things, fracking has its good and bad points. In the former regard, it is a technological breakthrough that can increase the supplies of energy of the entire economy. In the latter, it has been linked with an increased incidence of earthquakes and water pollution, surely negatives. As well, there is some evidence fracking would not exist, at least not to the present extent, were it not for government subsidies, which, we argue, misallocate resources.