What do you suppose would happen if 40% of humanity lost access to drinkable water?
Fracking is a “regional problem” affecting
much less than 40% of humanity.
In fact, I believe the whole “fracking” issue is a distraction from the real problem. If we are to get back to 350ppm, we need to leave that natural gas in the ground.
http://www.arxiv.org/pdf/0804.1126.pdf…
Phase-out of coal emissions by 2030 (Fig. 6) keeps maximum CO2 close to 400 ppm, depending on oil and gas reserves and reserve growth. IPCC reserves assume that half of readily extractable oil has already been used (Figs. 6, S12). EIA <80> estimates (Fig. S12) have larger reserves and reserve growth. Even if EIA estimates are accurate, the IPCC case remains valid if the most difficult to extract oil and gas is left in the ground, via a rising price on carbon emissions that discourages remote exploration and environmental regulations that place some areas off-limit. If IPCC gas reserves (Fig. S12) are underestimated, the IPCC case in Fig. (6) remains valid if the additional gas reserves are used at facilities where CO2 is captured.
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A practical global strategy almost surely requires a rising global price on CO2 emissions and phase-out of coal use except for cases where the CO2 is captured and sequestered. The carbon price should eliminate use of unconventional fossil fuels, unless, as is unlikely, the CO2 can be captured. A reward system for improved agricultural and forestry practices that sequester carbon could remove the current CO2 overshoot. With simultaneous policies to reduce non-CO2 greenhouse gases, it appears still feasible to avert catastrophic climate change.
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Would it be acceptable to you to burn all of that natural gas, if some method other than “fracking” were used? By making “fracking” the issue, a lovely little distraction is created. Now, all the gas companies need to do is address people’s concerns about “fracking” (e.g. by
http://www.exxonmobilperspectives.com/2011/08/25/fracking-fluid-disclosure-why-its-important/">disclosing the fluids) and the bigger issue (Climate Change) is forgotten.