ScholarlyCommons

Title

Why Fracking Won’t Bring Back the Factories (Yet)

Author(s)

Chad P. Brown
Michele de Nevers
Ann Harrison, University of PennsylvaniaFollow

Publication Date

5-2013

Files

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

View on Penn Wharton PPI Website

Why Fracking Won’t Bring Back the Factories (Yet)

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). Penn Wharton Public Policy Initiative. 16.
https://repository.upenn.edu/pennwhartonppi/16