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"Fracking has become a four-letter word to environmentalists. But most people don't know what it means. In his ... book, Sernovitz explains [what he sees as] the reality of fracking: what it is, how it can be made safer, and how the oil business works. He also tells the bigger story. Fracking was just one part of a shale revolution that shocked our assumptions about fueling America's future. The revolution has transformed the world with consequences for the oil industry, investors, environmentalists, political leaders, and anyone who lives in areas shaped by the shales, uses fossil fuels, or cares about the climate"--Dust jacket flap.… (plus d'informations)
The good, the bad, and the ugly of the fracking business, as related by a Manhattan-based member of an energy investment firm that does business in the domestic oil and gas business. He attempts to occupy the middle ground, recognizing the benefits the shale revolution has brought to exploration and production firms, landowners, and the US economy, as well as the downside of local disruption, disfigurement of the landscape, and risk of pollution of water supplies. With regard to global warming, he points out the beneficial carbon reduction stemming from substituting natural gas for coal in electric power generation (down-playing the role of methane), as well as the detrimental impact of shale oil, which keeps a lid on oil prices and so makes it less economical to drive EVs. ( )
Informations provenant du Partage des connaissances anglais.Modifiez pour passer à votre langue.
I may not have learned about the Resource Triangle on my first day in the oil business in 1995, but it couldn’t have been long after. The world, I was taught before I was taught much else, operates according to clear rules: the distribution of oil and natural gas follows a triangle shape.
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Informations provenant du Partage des connaissances anglais.Modifiez pour passer à votre langue.
But to look hard at our dependence on energy allows us to see the world at its most interconnected, its most fragile, and its most hopeful. For this, too, the boom taught us: the power of the past will not always decide our future.
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"Fracking has become a four-letter word to environmentalists. But most people don't know what it means. In his ... book, Sernovitz explains [what he sees as] the reality of fracking: what it is, how it can be made safer, and how the oil business works. He also tells the bigger story. Fracking was just one part of a shale revolution that shocked our assumptions about fueling America's future. The revolution has transformed the world with consequences for the oil industry, investors, environmentalists, political leaders, and anyone who lives in areas shaped by the shales, uses fossil fuels, or cares about the climate"--Dust jacket flap.
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