Over the past two decades, "fracking" has led to a revolution in shale gas production. For some, shale gas promised economic opportunities, cheaper energy bills, and an alternative to coal. For others, shale gas was fool’s gold. Critics contend that the shale boom has occurred in a regulatory Wild West, that the response has been fractured and ineffective, or that the harmful environmental and health consequences exceed the benefits from shale gas production. The Political Economy of Fracking argues that the criticism of the shale revolution has been misplaced. The authors use insights from a diversity of perspectives in political economy to understand why the shale boom occurred, who won in the race for shale, and who was left behind. The book explains how private property rights and entrepreneurs led to the shale boom. It contends that polycentric governance, which encourages a diversity of regulatory responses, is a virtue because it generates knowledge about the most appropriate ways to regulate shale development. Private property rights and political institutions that provide for local self-governance also helped to ensure that the benefits of shale gas production exceeded its costs. The authors make the case for fracking shale gas using evidence from shale-producing countries from around the world, comparing them to those that have fallen behind in the shale race. They show that private property rights and markets have been a source of innovation and dynamism and that a diversity of regulatory responses is appropriate to govern shale gas development. This book is insightful reading for academics and professionals interested in the shale boom, the fracking industry in general, and regulatory policy.

When Fracking Comes to Town traces the response of local communities to the shale gas revolution. Rather than cast communities as powerless to respond to oil and gas companies and their landmen, it shows that communities have adapted their local rules and regulations to meet the novel challenges accompanying unconventional gas extraction through fracking. The multidisciplinary perspectives of this volume's essays tie together insights from planners, legal scholars, political scientists, and economists. What emerges is a more nuanced perspective of shale gas development and its impacts on municipalities and residents. Unlike many political debates that cast fracking in black-and-white terms, this book's contributors embrace the complexity of local responses to fracking. States adapted legal institutions to meet the new challenges posed by this energy extraction process while under-resourced municipal officials and local planning offices found creative ways to alleviate pressure on local infrastructure and reduce harmful effects of fracking on the environment. The essays in When Fracking Comes to Town tell a story of community resilience with the rise and decline of shale gas production. Contributors: Ennio Piano, Ann M. Eisenberg, Pamela A. Mischen, Joseph T. Palka, Jr., Adelyn Hall, Carla Chifos, Teresa Córdova, Rebecca Matsco, Anna C. Osland, Carolyn G. Loh, Gavin Roberts, Sandeep Kumar Rangaraju, Frederick Tannery, Larry McCarthy, Erik R. Pages, Mark C. White, Martin Romitti, Nicholas G. McClure, Ion Simonides, Jeremy G. Weber, Max Harleman, Heidi Gorovitz Robertson

Since Garrett Hardin published The Tragedy of the Commons in 1968, critics have argued that population growth and capitalism contribute to overuse of natural resources and degradation of the global environment. They propose coercive, state-centric solutions. This book offers an alternative view. Employing insights from new institutional economics, the authors argue that property rights, competitive markets, polycentric political institutions, and social institutions such as trust, patience and individualism enable society to conserve natural resources and mitigate harms to the global environment.

Over the last decade, the oil and gas industry has garnered a lot of support from the United States federal and state governments in the name of energy independence and economic prosperity. More specifically, hydraulic fracturing or fracking is said to not only make the production of affordable energy possible but also reduce emissions of carbon dioxide by substituting coal with natural gas in the utility sector. Behind the façade of many socio-economic and political benefits, the process of fracking causes serious environmental concerns. Dismissing the negative externalities of fracking simply raises the question, to what extent have communities close to fracking sites been adversely impacted by it? In this book, Sarmistha R. Majumdar studies four communities close to fracking well sites in Texas to help illustrate to what extent fracking regulations have been developed in Texas and how effective these regulations have been in safeguarding the interests of individuals in local communities amidst the lure of economic gains from the extraction of oil and natural gas from shale formations. Majumdar has developed a model to show stage by stage community actions to regain their quality of life and the consequences of their actions, if any, on state and local regulations and ordinances, and the oil and gas industry. This book will be an important resource for scholars of environmental and natural resource politics and policy in the United States.

Over roughly the past decade, oil and gas production in the United States has surged dramatically—thanks largely to technological advances such as high-volume hydraulic fracturing, more commonly known as “fracking.” This rapid increase has generated widespread debate, with proponents touting economic and energy-security benefits and opponents highlighting the environmental and social risks of increased oil and gas production. Despite the heated debate, neither side has a monopoly on the facts. In this book, Daniel Raimi gives a balanced and accessible view of oil and gas development, clearly and thoroughly explaining the key issues surrounding the shale revolution. The Fracking Debate directly addresses the most common questions and concerns associated with fracking: What is fracking? Does fracking pollute the water supply? Will fracking make the United States energy independent? Does fracking cause earthquakes? How is fracking regulated? Is fracking good for the economy? Coupling a deep understanding of the scholarly research with lessons from his travels to every major U.S. oil- and gas-producing region, Raimi highlights stories of the people and communities affected by the shale revolution, for better and for worse. The Fracking Debate provides the evidence and context that have so frequently been missing from the national discussion of the future of oil and gas production, offering readers the tools to make sense of this critical issue.

"This book explores how and why controversies over liquid biofuels (bioethanol and biodiesel) and hydraulic fracturing ("fracking") unfolded in surprisingly similar ways in the global North and South. In the early 2000s, the search was on for fuels that would reduce greenhouse gas emissions, spur economic development in rural regions, and diversify national energy supplies. Biofuels and fracking took centre stage as promising commodities and technologies. But controversy quickly erupted. Global enthusiasm for these fuels, and the widespread projections for their production around the world, collided with local politics. Rural and remote places, such as coastal east Africa and Canada's Yukon territory, became hotbeds of contention in these new energy politics. Opponents of biofuels in Kenya and of fracking in the Yukon activated specific identities, embraced scale shifts across transnational networks, brokered relationships between disparate communities and interests, and engaged in contentious performances with symbolic resonance. To explain these convergent dynamics of contention and resistance, the book argues that the emergence of grievances and the mechanisms of mobilization that are used to resist new fuel technologies depend less on the type of energy developed than on intersecting elements of the political economy of energy--specifically finance, ownership, and trade relations. Taken together, the intersecting elements of the political economy of energy shape patterns of resistance in new energy frontiers"--

How are communities uniting against fracking and tar sands to change our energy future? Working across Lines offers a detailed comparative analysis of climate justice coalitions in California and Idaho—two states with distinct fossil fuel histories, environmental contexts, and political cultures. Drawing on ethnographic evidence from 106 in-depth interviews and three years of participant observation, Corrie Grosse investigates the ways people build effective energy justice coalitions across differences in political views, race and ethnicity, age, and strategic preferences. This book argues for four practices that are critical for movement building: focusing on core values of justice, accountability, and integrity; identifying the roots of injustice; cultivating relationships among activists; and welcoming difference. In focusing on coalitions related to energy and climate justice, Grosse provides important models for bridging divides to reach common goals. These lessons are more relevant than ever.