Frackonomics: the implications of cheap gas

At 5:30 on Tuesday another crowd settled in to a University of Wisconsin – Madison lecture hall for the final forum to foster public discourse on the state’s booming frac sand industry. This time, it wasn’t about Wisconsin’s sand, or who’s coming in to the state to mine it. This last forum, facilitated by the Nelson Institute for Environmental Studies, focused on what the state’s sand is helping to produce, cheap natural gas, and what that means for future energy consumption and associated climatic impacts.

On the docket was Phil Montgomery, chairperson of the Public Service Commission of Wisconsin (PSC), Greg Nemet, assistant professor of public affairs and environmental studies at UW-Madison, and Frank Greb, president of Energy Center of Wisconsin. Rather than go speaker-by-speaker, I’ll summarize the most thought-provoking insights of the evening. In contemplating the impact cheap natural gas on U.S. energy here is what these three men had to offer: Continue reading

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