Drilling California cited in San Jose Mercury
January 10, 2014
Post Carbon Institute’s report by Fellow David Hughes, Drilling California: A Reality Check on the Monterey Shale, was cited in this article on rethinking fracking in California.
From the article:
A recent report, “Drilling California,” reveals that the economic benefits of expanded fracking are based on overblown assumptions about future oil production. In fact, according to the report, real production may not even meet one-third of projected production.
Now, with debatable economic benefits — and clear risks — state policymakers must reassess the role of fracking in its energy economy. Expanding renewable energy generation represents a better opportunity to create a strong and lasting economic foundation.