Friday, April 15, 2011

Fracking, Natural Gas's Dirty Secret

Ethonomic Indicator of the Day: 45% -- The amount of fracked natural gas the U.S. will use in 2035.

The problem is high-volume hydraulic fracturing (aka "fracking"), which involves injecting a fluid at high pressures into methane gas deposits to draw out natural gas. Natural gas is largely made up of methane (a potent greenhouse gas), and over the lifetime of a well, 3.6% to 7.9% of its methane escapes into the atmosphere through venting and leaks. This is, needless to say, not good--methane is a much more powerful greenhouse gas than CO2. As a result, the study claims, "Compared to coal, the [greenhouse gas] footprint of shale gas is at least 20% greater and perhaps more than twice as great on the 20-year horizon and is comparable when compared over 100 years." So while burning natural gas emits fewer greenhouse gases than burning coal, the impact of fracking combined with burning natural gas is ultimately worse than the emissions from coal.

Source: Fast Company

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