Economics of Unconventional Shale Gas Development

Economics of Unconventional Shale Gas Development
Author: William E. Hefley
Publisher: Springer
Total Pages: 248
Release: 2014-12-03
Genre: Business & Economics
ISBN: 3319114999

This book examines the economics and related impacts of unconventional shale gas development. While focusing on the Marcellus and Utica Shales in the Mid-Atlantic region, additional insights from other regions are included to provide a broader view of these issues. Shale gas development in recent years has changed the energy discussion in the US, as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible. The importance of natural gas is seen as likely to continue to expand over the coming years, and is expected to increase even further with environmental considerations, such as greenhouse gas emissions. Horizontal drilling and hydraulic fracturing producing natural gas from deposits such as the Marcellus Shale is making the US a net producer of natural gas. Previous studies have examined the economic impact of exploration and production in the region. Other studies have addressed legal, environmental, biodiversity, and public health impacts of unconventional shale development. This is the first volume to focus solely on the economics and related financial impacts of this development. This book not only fills the research gap, but also provides information that policy makers and the public need to better understand this pressing issue.

The United Nations World Water Development Report – N° 5 - 2014

The United Nations World Water Development Report – N° 5 - 2014
Author: UNESCO
Publisher: UNESCO
Total Pages: 230
Release: 2014-03-21
Genre: Political Science
ISBN: 9231042599

The WWDR 2014 on Water and Energy is now an annual and thematic report with a focus on different strategic water issues each year. It is shorter in the order of 100 pages with a standardized structure and data and case studies annexes related to the theme. The WWDR 2014 will be launched during the main World Water Day celebrations in Tokyo, Japan on 21 March 2014. Water and energy are closely interconnected and highly interdependent. Trade-offs need to be managed to limit negative impacts and foster opportunities for synergy. Water and energy have crucial impacts on poverty alleviation both directly, as a number of the Millennium Development Goals depend on major improvements in access to water, sanitation, power and energy sources, and indirectly, as water and energy can be binding constraints on economic growth the ultimate hope for widespread poverty reduction. This fifth edition of the United Nations World Water Development Report (WWDR 2014) seeks to inform decision-makers

The Global Impact of Unconventional Shale Gas Development

The Global Impact of Unconventional Shale Gas Development
Author: Yongsheng Wang
Publisher: Springer
Total Pages: 252
Release: 2016-07-15
Genre: Political Science
ISBN: 331931680X

This book discusses the economic, political, and environmental issues surrounding the international exploration and exploitation of conventional and unconventional natural gas. Shale gas development in recent years has changed the energy discussion in the US as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible; the discussion is quickly becoming international in scope. The potential expansion of natural gas development impacts many regions of the globe and spans multiple perspectives. In a volatile international climate, one of intense geopolitical conflict between Russia and the West, economic slowdowns in Europe and China, military conflicts in the Middle East and northern Africa, and widening income disparity in the U.S., a relatively inexpensive and plentiful energy source like shale gas could play a key role in mitigating such conflicts. In an energy interdependent global community, however, multiple factors such as oil prices, differing rates of exploration, environmental concerns, strategic initiatives, institutional changes, legal and regulatory issues, and actions of the nations involved all have the potential to influence future outcomes. This book discusses each of these in turn, detailing the issues most prevalent in each geographical area. The first volume to provide a comprehensive global view of the impacts of shale gas development, this book fills a gap in the current research literature, providing vital information for the scholarly community and the public alike. This book will be of interest to researchers and students of economics, energy policy, public administration, and international relations as well as policy makers and residents of the regions that are experiencing shale gas development.

The Fracking Debate

The Fracking Debate
Author: Daniel Raimi
Publisher: Columbia University Press
Total Pages: 255
Release: 2017-12-26
Genre: Business & Economics
ISBN: 0231545711

Over roughly the past decade, oil and gas production in the United States has surged dramatically—thanks largely to technological advances such as high-volume hydraulic fracturing, more commonly known as “fracking.” This rapid increase has generated widespread debate, with proponents touting economic and energy-security benefits and opponents highlighting the environmental and social risks of increased oil and gas production. Despite the heated debate, neither side has a monopoly on the facts. In this book, Daniel Raimi gives a balanced and accessible view of oil and gas development, clearly and thoroughly explaining the key issues surrounding the shale revolution. The Fracking Debate directly addresses the most common questions and concerns associated with fracking: What is fracking? Does fracking pollute the water supply? Will fracking make the United States energy independent? Does fracking cause earthquakes? How is fracking regulated? Is fracking good for the economy? Coupling a deep understanding of the scholarly research with lessons from his travels to every major U.S. oil- and gas-producing region, Raimi highlights stories of the people and communities affected by the shale revolution, for better and for worse. The Fracking Debate provides the evidence and context that have so frequently been missing from the national discussion of the future of oil and gas production, offering readers the tools to make sense of this critical issue.

An Unworthy Future

An Unworthy Future
Author: Joseph Toomey
Publisher: Archway Publishing
Total Pages: 571
Release: 2014-07-22
Genre: Political Science
ISBN: 148080892X

It is difficult to find an area of public policy more plagued by misunderstanding than energy policy. Even worse, every time the subject is raised, we are obligated to get mired in pointless arguments about the weather. This book helps set the record straight. Not convinced? Consider some of these inconvenient truths: The cost of green energy climate remediation is anywhere from 10-to-1,000 times greater than the damage from the climate change it attempts to alleviate. Germany, the worlds leader in solar energy, will spend more than $280 billion by 2030 on solar subsidies. But all of that investment will only forestall 22nd century global warming by 37 hours. Obamas carbon tax would cost Americans $1.2 trillion over just ten years. But it would only reduce the midrange 3 degree modeled 22nd century global temperature increase by 0.038 degrees Celsius. At their current emissions growth rate, it will take China nine months to replace the entire U.S. emissions cut that Obama wants to achieve over seven years, at a staggering cost in American jobs and lost economic growth. The U.S. biofuel program imposes a cost on consumers 9,862 times greater than any climate benefit they or their distant progeny will ever derive. This is not another skeptical global warming polemic but an economic evaluation of how and why green energy will fail. The world has too many pressing needs. For the money Obama squandered on just a single bankrupt crony solar company, the U.S. could have prevented 300,000 childhood malaria deaths in poor countries. A thoroughly researched, heavily documented book by an expert in his field, it will demonstrate in meticulous detail how wasteful and economically inefficient Obamas green energy dead end future will be compared to other worthy alternatives. Its time to end the hysterical climate cynicism and get on humanitys side.

The Human and Environmental Impact of Fracking

The Human and Environmental Impact of Fracking
Author: Madelon L. Finkel
Publisher: Bloomsbury Publishing USA
Total Pages: 302
Release: 2015-03-24
Genre: Technology & Engineering
ISBN:

Fracking for gas trapped in shale could be a game changer in the quest to find alternatives to dirty fossil fuels, but it also has potential for harm. This book provides "one-stop shopping" for everyone who wants to know more about the issues. Oil and gas account for a large percentage of the world's energy consumption, and the search for new ways to extract both from the earth is a global quest. Fracking is viewed as an energy game-changer but is a controversial topic about which there is much misunderstanding. This unbiased work was written to bring clarity to the issues. Under the guidance of an internationally recognized public health expert, this book provides a comprehensive look at unconventional natural gas development from many different perspectives. Written for the layperson, the book dispels myths surrounding fracking, corrects misconceptions, and offers impartial, scientifically based information on both benefits and challenges. Readers will learn about the effects fracking has on the environment—our water, air, and climate—as well as on human and animal health. The contributors also look at the economics of fracking and at its socioeconomic impact on local communities and nations. They discuss legal and ethical issues related to the practice and, in keeping with the intent to provide a fair and balanced overview, share the industry perspective as well.