work to lessen waste can aid environment, firms' bottom lines
How does a 4% waste of sellable product compare to other industries? This woud
be like GM taking every 25th car that rolls off the assembly line directly to
the landfill. It seems like a poor business model. Shouldn't stockholders
be concerned about this?My hunch is that fracking technology is
basically theoretically sound (i.e. the critical events occur in strata that are
isolated from groundwater) but that sloppy execution in practice (e.g.
improperly cased wells) is responsible for the contamination and flaming taps
that have been reported, as well as a loss of useful product that just becomes
an air pollutant instead of a revenue generator.
Oil companies have only one objection to safe drilling.It costs a
little money.Money that won't show up in the profits.
@Lagomorph - "How does a 4% waste of sellable product compare to other
industries?"Pretty good when compared to agriculture. According
to NRDC, 20% of all fruits and vegetables produced on a farm never enter the
food distribution system. Overall, 40% of all food produced in the US is wasted,
from "farm to fork".
Air is not our only worry with fracking--perhaps not even our prime worry. The
major worry is the contamination and the sheer waste of fresh water by this
practice. The National Intelligence Council has just pointed out that fresh
water reserves are declining and that fresh water will gradually become more
precious than even oil and natural gas. Have you looked into how many gallons
of water is required to frack? And then that water is permanently contaminated,
including with radioactive material such as radon. You can't drink oil or
natural gas. Who has the courage to preserve the fresh water of our country for