SEC Enters The Fracking Fray: Hosted by Jan Schlichtmann

Written by Jan Schlichtmann. Posted in Environmental, Recent Shows, Videos

Published on September 02, 2011 with No Comments

The federal government’s investor-and-markets watchdog is stepping into the heated environmental debate surrounding hydraulic fracturing, or “fracking,” according to government and industry officials, even as state and federal environmental officials have begun to bring greater pressure on the industry. The process, which involves pumping water, chemicals and sand underground to free difficult-to-reach natural gas in shale basins, has come under criticism from environmental groups ad some lawmakers over concerns of the contamination of public drinking water and other environmental costs associated with the process.

Speaking of Justice host, environmental lawyer Jan Schlitchmann, says “It is time for the industry to be honest with communities, investors, and the public about the significant environmental and societal costs associated with the hydrofracking ‘Gold Rush’ that promises to devaste the unwary.”

 

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