Risks And Risk Governance In Shale Gas Development

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309312604
Total Pages : 232 pages
Book Rating : 4.08/5 ( download)

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Download or read book Risks and Risk Governance in Shale Gas Development written by National Research Council and published by National Academies Press. This book was released on 2014-09-30 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural gas in deep shale formations, which can be developed by hydraulic fracturing and associated technologies (often collectively referred to as "fracking") is dramatically increasing production of natural gas in the United States, where significant gas deposits exist in formations that underlie many states. Major deposits of shale gas exist in many other countries as well. Proponents of shale gas development point to several kinds of benefits, for instance, to local economies and to national "energy independence". Shale gas development has also brought increasing expression of concerns about risks, including to human health, environmental quality, non-energy economic activities in shale regions, and community cohesion. Some of these potential risks are beginning to receive careful evaluation; others are not. Although the risks have not yet been fully characterized or all of them carefully analyzed, governments at all levels are making policy decisions, some of them hard to reverse, about shale gas development and/or how to manage the risks. Risks and Risk Governance in Shale Gas Development is the summary of two workshops convened in May and August 2013 by the National Research Council's Board on Environmental Change and Society to consider and assess claims about the levels and types of risk posed by shale gas development and about the adequacy of existing governance procedures. Participants from engineering, natural, and social scientific communities examined the range of risks and of social and decision-making issues in risk characterization and governance related to gas shale development. Central themes included risk governance in the context of (a) risks that emerge as shale gas development expands, and (b) incomplete or declining regulatory capacity in an era of budgetary stringency. This report summarizes the presentations on risk issues raised in the first workshop, the risk management and governance concepts presented at the second workshop, and the discussions at both workshops.

Author : John Whitton
Publisher : Routledge
ISBN 13 : 1317267567
Total Pages : 310 pages
Book Rating : 4.60/5 ( download)

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Download or read book Governing Shale Gas written by John Whitton and published by Routledge. This book was released on 2018-07-27 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shale energy development is an issue of global importance. The number of reserves globally, and their potential economic return, have increased dramatically in the past decade. Questions abound, however, about the appropriate governance systems to manage the risks of unconventional oil and gas development and the ability for citizens to engage and participate in decisions regarding these systems. Stakeholder participation is essential for the social and political legitimacy of energy extraction and production, what the industry calls a 'social license' to operate. This book attempts to bring together critical themes inherent in the energy governance literature and illustrate them through cases in multiple countries, including the US, the UK, Canada, South Africa, Germany and Poland. These themes include how multiple actors and institutions – industry, governments and regulatory bodies at all scales, communities, opposition movements, and individual landowners – have roles in developing, contesting, monitoring, and enforcing practices and regulations within unconventional oil and gas development. Overall, the book proposes a systemic, participatory, community-led approach required to achieve a form of legitimacy that allows communities to derive social priorities by a process of community visioning. This book will be of great relevance to scholars and policy-makers with an interest in shale gas development, and energy policy and governance.

Author : Sheila M. Olmstead
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.96/5 ( download)

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Download or read book Managing the Risks of Shale Gas Development Using Innovative Legal and Regulatory Approaches written by Sheila M. Olmstead and published by . This book was released on 2014 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Booming production of oil and gas from shale, enabled by hydraulic fracturing technology, has led to tension between hoped-for economic benefits and feared environmental and other costs, with great associated controversy. Study of how policy can best react to these challenges and how it can balance risk and reward has focused on prescriptive regulatory responses and, to a somewhat lesser extent, voluntary industry best practices. While there is undoubtedly room for improved regulation, innovative tools are relatively understudied. The liability system predates environmental regulation yet still plays an important -- and in some senses predominant -- role. Changes to that system, including burden-shifting rules and increased bond requirements, might improve outcomes. Similarly, new regulation can and should incorporate modern understanding of the benefits of market-based approaches. Information disclosure requirements can benefit the liability system and have independent benefits of their own. Policymakers faced with a need for policy change in reaction to shale development should carefully consider alternatives to regulation and, when regulation is deemed necessary, consider which tool is best suited.

Author : Yongsheng Wang
Publisher : Springer
ISBN 13 : 331931680X
Total Pages : 252 pages
Book Rating : 4.02/5 ( download)

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Download or read book The Global Impact of Unconventional Shale Gas Development written by Yongsheng Wang and published by Springer. This book was released on 2016-07-15 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the economic, political, and environmental issues surrounding the international exploration and exploitation of conventional and unconventional natural gas. Shale gas development in recent years has changed the energy discussion in the US as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible; the discussion is quickly becoming international in scope. The potential expansion of natural gas development impacts many regions of the globe and spans multiple perspectives. In a volatile international climate, one of intense geopolitical conflict between Russia and the West, economic slowdowns in Europe and China, military conflicts in the Middle East and northern Africa, and widening income disparity in the U.S., a relatively inexpensive and plentiful energy source like shale gas could play a key role in mitigating such conflicts. In an energy interdependent global community, however, multiple factors such as oil prices, differing rates of exploration, environmental concerns, strategic initiatives, institutional changes, legal and regulatory issues, and actions of the nations involved all have the potential to influence future outcomes. This book discusses each of these in turn, detailing the issues most prevalent in each geographical area. The first volume to provide a comprehensive global view of the impacts of shale gas development, this book fills a gap in the current research literature, providing vital information for the scholarly community and the public alike. This book will be of interest to researchers and students of economics, energy policy, public administration, and international relations as well as policy makers and residents of the regions that are experiencing shale gas development.

Author : Caroline Cecot
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.98/5 ( download)

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Download or read book Regulatory Fracture Plugging written by Caroline Cecot and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debates about the desirability of widespread shale development have highlighted outstanding uncertainty about its health, safety, and environmental impacts--most prominently, its water-contamination risks--and the ability of current institutions to deal with these impacts. States, the primary regulators of oil and gas extraction, face pressure from the energy industry, local communities, and, in some cases, the federal government to strike the right balance between energy production and the health and safety of individuals and the environment--an elusive balance given the ongoing risk uncertainty. This dynamic is not especially unique to fracking, or even oil and gas extraction; instead, this dynamic, characterized by tradeoffs between environmental protection and economic development under risk uncertainty, is a common theme of environmental risk regulation. Regulators at every level of government weigh and evaluate potential interventions against this background. This Article contributes to a symposium held at Texas A&M School of Law that explores the advantages and disadvantages of various government interventions in the environmental context in an effort to identify ideal risk-management tools under various circumstances. It argues that the most important considerations for identifying risk-management tools in the environmental context are risks, incentives, and cost-benefit analysis. These cornerstone principles provide a useful framework for environmental policy in general, especially in situations that involve heterogeneous and uncertain risks. By paying attention to risk, incentives, and cost-benefit analysis, government regulators are more likely to promote optimal levels of environmental quality and avoid unintended, or even perverse, consequences. To demonstrate the usefulness of these concepts concretely, this Article applies them to the fracking context, focusing on the most prominent risks from widespread shale development, risks to water from shale gas extraction. It identifies risk-management gaps in tort litigation, insurance markets, and regulation schemes and suggests potential solutions.

Author : Terje Aven
Publisher : Springer Science & Business Media
ISBN 13 : 3642139264
Total Pages : 284 pages
Book Rating : 4.60/5 ( download)

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Download or read book Risk Management and Governance written by Terje Aven and published by Springer Science & Business Media. This book was released on 2010-09-27 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk is a popular topic in many sciences - in natural, medical, statistical, engineering, social, economic and legal disciplines. Yet, no single discipline can grasp the full meaning of risk. Investigating risk requires a multidisciplinary approach. The authors, coming from two very different disciplinary traditions, meet this challenge by building bridges between the engineering, the statistical and the social science perspectives. The book provides a comprehensive, accessible and concise guide to risk assessment, management and governance. A basic pillar for the book is the risk governance framework proposed by the International Risk Governance Council (IRGC). This framework offers a comprehensive means of integrating risk identification, assessment, management and communication. The authors develop and explain new insights and add substance to the various elements of the framework. The theoretical analysis is illustrated by several examples from different areas of applications.

Author : International Risk Governance Council
Publisher :
ISBN 13 : 9782970077282
Total Pages : 95 pages
Book Rating : 4.80/5 ( download)

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Download or read book Risk Governance Guidelines for Unconventional Gas Development written by International Risk Governance Council and published by . This book was released on 2013 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : R. Quentin Grafton
Publisher : Cambridge University Press
ISBN 13 : 110712008X
Total Pages : 513 pages
Book Rating : 4.82/5 ( download)

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Download or read book Risks, Rewards and Regulation of Unconventional Gas written by R. Quentin Grafton and published by Cambridge University Press. This book was released on 2017 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the drivers and implications of unconventional gas at regional, national and global scales with case studies and in-depth analyses.

Author : C.A. Brebbia
Publisher : WIT Press
ISBN 13 : 1784662836
Total Pages : 215 pages
Book Rating : 4.37/5 ( download)

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Download or read book Sustainable Development Studies written by C.A. Brebbia and published by WIT Press. This book was released on 2018-02-01 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is clear that the challenge of achieving a more sustainable development pathway requires both new knowledge and the wider uptake of existing knowledge, polices and technologies. It is also essential that sustainability is built into urban development plans as the world’s population becomes increasingly urbanised and a wide range of social and environmental problems occur. Containing a series of specially selected papers, this book deals with advances in disciplines contributing to sustainable development, such as planning, architecture, engineering, policy making, environmental sciences and economics, and identifies solutions to challenges posed by sustainable development. Written by researchers and practitioners from many different countries, the included papers provide a unique reference of experience and potential solutions to common problems via the application of planning and development strategies, assessment tools and decision making processes.

Author : Debra A Kaden
Publisher : Elsevier
ISBN 13 : 0128041250
Total Pages : 288 pages
Book Rating : 4.53/5 ( download)

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Download or read book Environmental and Health Issues in Unconventional Oil and Gas Development written by Debra A Kaden and published by Elsevier. This book was released on 2015-12-07 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental and Health Issues in Unconventional Oil and Gas Development offers a series of authoritative perspectives from varied viewpoints on key issues relevant in the use of directional drilling and hydraulic fracturing, providing a timely presentation of requisite information on the implications of these technologies for those connected to unconventional oil and shale gas development. Utilizing expertise from a range of contributors in academia, non-governmental organizations, and the oil and gas industry, Environmental and Health Issues in Unconventional Oil and Gas Development is an essential resource for academics and professionals in the oil and gas, environmental, and health and safety industries as well as for policy makers. Offers a multi-disciplinary appreciation of the environmental and health issues related to unconventional oil and shale gas development Serves as a collective resource for academics and professionals in the oil and gas, environmental, health, and safety industries, as well as environmental scientists and policymakers Features a diverse and expert group of chapter authors from academia, non-governmental organizations, governmental agencies, and the oil and gas industry