Article in Journal

Climate notes: shale gas and fracking

Ursula Triebswetter, Jana Lippelt
ifo Institut, München, 2012

ifo Schnelldienst, 2012, 65, Nr. 12, 51-52

The process of extracting natural gas from rock with low permeability, invented in the USA and now widely used there, is called "hydraulic fracturing", or fracking for short; and is controversial from an environmental point of view. This article gives a brief overview of fracking technology and subsequently outlines deposits worldwide and describes the environmental problems related to fracking. The article ends with a presentation of the current situation in Germany.

JEL Classification: Q420,Q540

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ifo Institut, München, 2012