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Shale Oil Benefits Could Pay for Smaller Carbon Footprint

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Photo Credit: Oil field by Christopher Halloran via ShutterstockAugust 20, 2014 - environmentalleader.com

The US could see about a 27 percent reduction in its carbon footprint if just half of the unanticipated economic benefits of shale gas and oil production were used in the efforts, according to agricultural economists at Purdue University.

The researchers estimate that shale technologies annually provide an extra $302 billion to various sectors within the US economy, relative to 2007.

http://www.environmentalleader.com/2014/08/20/shale-oil-benefits-could-pay-for-smaller-carbon-footprint/

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