Achieving Balance Between Economic, Sociodemographic, Environmental, and Regulatory Concerns: A Shale Gas Perspective
Clifford A. Lipscomb (),
Sarah J. Kilpatrick (),
Yongsheng Wang () and
William E. Hefley ()
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Clifford A. Lipscomb: Greenfield Advisors LLC
Sarah J. Kilpatrick: Greenfield Advisors LLC
Yongsheng Wang: Washington and Jefferson College
William E. Hefley: University of Pittsburgh
A chapter in Economics of Unconventional Shale Gas Development, 2015, pp 233-246 from Springer
Abstract:
Abstract As with the development of any new industry, shale gas development poses opportunities and challenges. Economically, the benefits related to jobs and tax revenues must be balanced against potential costs including environment, property value, litigation, and financing. The shale energy industry must proactively face these challenges and downstream effects. We summarize these challenges and downstream effects and discuss the much needed future research that is related to these difficult questions and could provide comprehensive understanding.
Keywords: Gross Domestic Product; Energy Information Administration; Marcellus Shale; Methane Leakage; Lease Payment (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:nrmchp:978-3-319-11499-6_10
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DOI: 10.1007/978-3-319-11499-6_10
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