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The Arithmetic of Shale Gas

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Yale Graduates in Energy Study Group
October 1, 2012

On May 11, 2012, The New York Times published an editorial about making natural gas extraction technology “safer” for neighbors and landowners where new wells are being drilled. “There is little doubt that the (new shale) gas is plentiful and cleaner than coal (and) could help with the country’s energy and climate problems,” the newspaper said.

But, the Times went on to deny this economic gain, “…unless the public can be sure that it will not pollute water supplies or the air.”

This approach to new technology is in the ...

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