Wharton Public Policy Initiative Issue Briefs
Publication Date
5-2013
Files
Download Full Text (436 KB)
Volume
1
Number
5
Document Type
Brief
Summary
The “shale revolution,” spurred by the development of hydraulic fracturing, brings some of the best news to U.S. manufacturing employment in recent years, and gives the U.S. the potential to become a major energy exporter. Current trade restrictions, which promote low energy prices, only discourage the exploration of U.S. natural gas reserves. And the potential of "fracking" to produce negative health and environmental effects is a grave concern. The best policy would be to allow free trade in gas, while using federal regulation to monitor the fracking industry and deploying public policy to tackle the negative externalities of fracking through a production tax or similar measure.
License
This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License
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Keywords
fracking, shale revolution, hydraulic fracturing, manufacturing, employment, energy, exports, environmental, health
Recommended Citation
Brown, Chad P.; de Nevers, Michele; and Harrison, Ann, "Why Fracking Won’t Bring Back the Factories (Yet)" (2013). Wharton Public Policy Initiative Issue Briefs. 16.
https://repository.upenn.edu/pennwhartonppi/16